1. The global economy: Healing or still hurting?
- Author:
- Leo Abruzzese
- Publication Date:
- 06-2013
- Content Type:
- Working Paper
- Institution:
- Economist Intelligence Unit
- Abstract:
- After a series of setbacks, the global economy is slowly mending US economy is strengthening; star performer Jobs market is on a modest upswing Housing is bouncing back China is recovering from a slowdown Boom years are over, but so is the slump European debt crisis is stabilizing but austerity is killing the economy Euro zone remains big drag on global growth Japan is showing signs of recovery under a new government Central banks are supporting the bounce - back in a big way Don't expect a brisk recovery, though; many risks remains Debt levels still high; asset prices are volatile; tensions in Middle East, China, Kore and has stabilised in Europe, but at a low level. In Germany, manufacturing output is rising again.
- Topic:
- Economics, International Trade and Finance, Markets, Monetary Policy, and Infrastructure
- Political Geography:
- United States and China