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Within that figure there are huge differences between jobless levels in different countries.
Gone for ever, they insist, is the shortsighted old habit of rushing into emerging markets as they get hot, and out again at the first whiff of trouble.East, west, which is best?There is not much consensus among leading businesspeople about the political risks of different emerging economies, though they agree that there are huge differences, even within the BRICs.
There are huge differences in the share of intermediate imports in exports in different industries, which is a rough proxy for the extent to which trade rules have allowed global supply chains to flourish.
"These are huge differences.
"There are huge differences between the providers.
"But there are huge differences nationally, too.
There are huge differences of course between the two directors.
There are huge differences in the Andersen and Salomon cases.
"These are huge differences, but within families, you have aggregation," Dr. Bouchard said.
"There are huge differences in test scores for certain groups of students," Dr. Goldstein said.
Experts point out, too, that there are huge differences among E.U. countries.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com