Germany tries to stop population loss, consumers want an experience, China is more materialistic
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-“The balance of world economic growth is tipping in another direction,” reports The New York Times, as developing markets slow and established economies revive. The Wall Street Journal also examines this shift in growth patterns.
-China’s credit crisis has seen thousands of businesses close, luxury cars repossessed and street protests in several second-tier cities, per The New York Times.
-With European shoppers pinching pennies, The Wall Street Journal reports on the rise of the one-euro price point.
–The New Yorker takes a look at why the controversy around low fast-food wages in the U.S. signals a “tectonic shift in the American economy.”
-A New York Times opinion piece considers how cultural institutions are changing in response to modern consumers’ “quest for an experience.”
-A new Euromonitor study takes a look at rising consumer spending in sub-Saharan Africa, per WARC.
–The Atlantic argues that declining interest in literature in China points to “an increasingly materialistic, results-oriented society.”
-The BBC reports on China’s “micro movies” and how filmmakers evade censorship with these innovative digital shorts.
-It’s “The End of TV as We Know It,” says Time, as viewers stage a “video revolution.”
–The Wall Street Journal examines the rise of TV recappers and what the phenomenon says about television today.
–The New York Times discusses television in a post-water-cooler era with the creators of six high-profile dramas.
-Hollywood is starting to retool to better target Hispanic moviegoers, reports The Wall Street Journal.
-Digital technology makes lying easier than ever but also makes it much easier to catch liars, a notion examined in The Atlantic.
-The Altimeter Group’s Brian Solis explores “How teens use social media and why it matters to you.”
-Teens do care about online privacy and often seek outside help in ensuring it, a Pew report finds.
-Smartphones are outselling feature phones for the first time, and Quartz says the death of the dumb phone is near.
–Nielsen examines what kinds of activities mobile shoppers are pursuing.
-Consumers now spend more time spent visiting retail sites on tablets and smartphones than on PCs, according to a new study.
–Digital Trends asks, Are Vine celebs the next-generation YouTube stars?
–MIT’s Technology Review adds to the conversation about the security risks of Internet-connected appliances.
-Google is preparing for screenless computers, reports Quartz.
-The Internet, which destroyed the financial structure of the media industry, is slowly starting to drive growth for old media, reports The Economist.
–The New York Times spotlights a wave of “digital mail” companies that focus on online bill payments.
–The Wall Street Journal reports that youth-oriented car brands have been a hit—among Baby Boomers.
–Forbes has a look at the women-led startup scene in the Middle East.
-The Kauffman Foundation finds that startups are spread across the U.S., with Boulder the most startup-dense city, per Quartz.
-Writing in the HBR Blog Network, John Gerzema discusses his new book, which argues that a more feminine ethos is on the rise worldwide as dissatisfaction with typically “male” ways of doing business rises.
–The Guardian suggests Ghana could become “the next Ibiza” as a beach party culture grows.
-Rave culture has been revived in the U.K., reports The Economist, but it’s now mainstream rather than underground.
-This week, JWTIntelligence released ‘Retail Rebooted,’ which examines trends in retail.