The Chinese Black Swan. Party rulers in China are trapped in a position that chess players deeply fear — zugzwang — where any move made puts you at disadvantage. In China, the potential cost of both action and inaction is economic collapse. China is slowly starting to face the consequences of its actions — loans grew over 30% a year over the last few years — and inflation is rising fast. Inflation in developed countries is unpleasant, but it is tolerable.
For a developing country — and China, despite its size, is still a developing country — it can be catastrophic. In developed countries, we spend two or three times less on food as a percentage of our income as do people in developing countries. Therefore, though food inflation is unpleasant, we have a much greater tolerance (margin of safety) for it. The Chinese government is desperately trying to put the brakes on the economy. China bulls are arguing that the almighty Chinese government will be able to soft-land the economy. Let’s pause for a second. Resource Library - National Business Incubation Association. NBIA offers a wide variety of resources to help you learn about the business incubation industry and to make your business incubation program as effective and efficient as possible. Use the links at the left to access these resources, or click on their names from the descriptions below.
NBIA Institute Customized training and research services NBIA Review NBIA's bimonthly member newsletter NBIA Archives Archived articles from NBIA publications, organized by topic Business Incubation White Paper Series Commissioned by the BADIR Program for Technology Incubators and written by Dinah Adkins, NBIA’s president emerita, this series of comprehensive white papers includes topics related to business incubation, acceleration, angel investing, industry best practices, evaluating and monitoring clients and much more. Business Incubation Works Tools and resources to advocate for your program and the industry as a whole Business Incubation Bibliography What Is Business Incubation? Accel Home. Demos. ThinkTank. United Nations University in New York. Mozilla Firefox.