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  • Publication Date: 11-2009
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: Leo Abruzzese, Editorial Director for North America, discusses the latest EIU forecast for the world. Forward-looking economic indicators have continued to improve in many countries in recent months, suggesting that the worst of the contraction in global GDP is over. The improvement has triggered hopes of an imminent and sustained global economic recovery. But does this signal the start of a genuine strong recovery, or is it a false dawn, to be followed by months—or even years—of anemic growth? What is the outlook for the US, Canada, and Asia, as well as the major emerging markets, over the next couple of years? And what are the downside risks to this outlook?
  • Topic: Economics, International Trade and Finance, Markets, Financial Crisis
  • Political Geography: United States, Canada, Asia, North America
  • Author: Robert Ward
  • Publication Date: 12-2009
  • Content Type: Working Paper
  • Institution: Economist Intelligence Unit
  • Abstract: Global: Recoverology Bounce-back theory: "V". The sharper the contraction, the stronger the recovery Financial-impairment theory: "U", "L" Recoveries following financial crises are much slower than normal recoveries Borrowed-time theory: "W" Stimulus boosts economy at the cost of weakness later Armageddon theory: "Q" Too grim to talk about.
  • Topic: Economics, Markets, Financial Crisis
  • Political Geography: Asia