In particular it said they should be open about the capacity and quality of their services to help patients decide where they want to be treated.

BBC: NEWS | Health | NHS 'ready for finance shake-up'

Even as the big global manufacturers have been building new factories in emerging markets, governments in slow-growing rich-world markets have been bribing them to keep capacity open there.

ECONOMIST: The decline and fall of General Motors

Even so, the majority view among the Bank of England's rate-setters was that the intensifying slowdown should open up enough spare capacity to deal with the deteriorating prospects for inflation.

ECONOMIST: Monetary policy