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What might BR have achieved in the same favourable economic climate?
In the beginning, the favourable economic situation reinforced the king's popularity among the middle class.
Furthermore, the generally favourable economic climate resulted in an electorate that was inclined toward the incumbent.
As the OECD put it last year: "France has not enjoyed such a favourable economic situation for ten years".
Transnational firms benefited from the more favourable economic climates in emerging markets, and some developed markets, like America.
So we need an unholy mix to succeed: the highest-quality education and skills; great people; favourable economic winds; and initiatives to promote British creative talent overseas.
Similar(20)
But the fact that it has been seen before is precisely why the questions bothering economists are the same as those troubling investors: are the markets on the brink of a crash big enough to upset the still-favourable economic outlook not just for America, but for the rest of the world as well?
Stevens also noted conditions would be more favourable if economic growth was stronger.
For most Asian countries, a retirement boom is still a long way off, and demography is favourable for economic growth for at least the next 30 years.
The kingdom seems, at its Muslim centenary, pretty well at peace.Yet, if the political scene looks favourable, the economic one has suddenly become alarmingly bleak.
As Stephen Lewis of Monument Securities noted: "It is by no means assured that the UK's budget-cutting efforts over the next few years will benefit from a favourable global economic environment.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com