Report

Rethinking government: doing things differently

20 Sep 2012
Description

Governments have a key enabling role particularly in terms of developing infrastructure and ensuring stable capital markets and access to affordable capital.
Although the issue of uncertain growth and fiscal deficits does not apply equally to all countries, particularly in strongly growing economies such as China, India and Brazil, we were surprised by the degree of consensus internationally on the threat to business arising from the impact of fiscal deficits.
Nearly two thirds (61%) of CEOs surveyed were somewhat or extremely concerned about fiscal deficits, including CEOs in countries where governments are not undertaking major austerity measures in their domestic economies, the Middle East being the main exception. More positively, business will actively support new government policies which will promote growth that is economically, socially and environmentally sustainable – 72% agree or agree strongly with this.

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2012
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