10/01/2010 | Economia y Finanzas
Top 10 - Economic predictions for 2010
The U.S and world economies have emerged from recession, and the recovery process has begun. Unfortunately, for most developed economies, this recovery will not feel like one in its early stages. Strong tailwinds (policy stimulus, improved financial conditions, and pent-up demand) are being partially neutralized by equally strong headwinds (rising unemployment rates, lingering hangovers from housing bubbles and the financial crisis, and the likely winding down of fiscal stimulus). Consequently, global GDP will grow only 2.8% in 2010—much better than the 2.0% drop in 2009, but well below the 3.5 – 4.0% trend rate of growth for the world economy. Most emerging markets, particularly Asia, will outpace the developed economies next year. The U.S. economic recovery will begin the year slowly, but Europe and Japan will rebound even more slowly.
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