151. Are the advanced economies facing a lost decade?
- Publication Date:
- 07-2011
- Content Type:
- Policy Brief
- Institution:
- Oxford Economics
- Abstract:
- Recent weeks have seen a slew of weaker-than-expected data releases from the major economies, raising doubts about whether the expansion in the developed nations is sustainable. One reason for the apparent loss of momentum has been the moderation of growth in the emerging markets, as central banks have tightened monetary policy in response to rising inflation. The weakening trend in growth indicators can also be linked to temporary adverse factors, including supply chain disruptions form the Japanese earthquake and tsunami, as well as the sharp rise in oil prices earlier this year.
- Topic:
- Economics, Globalization, International Trade and Finance, and Financial Crisis
- Political Geography:
- Japan