1. International — Global Economy
- Publication Date:
- 04-2002
- Content Type:
- Policy Brief
- Institution:
- Oxford Analytica
- Abstract:
- A textbook approach to economic growth suggests the world is in for a difficult period. However, there are reasons to believe that the global economy will defy convention. The global economy will continue to support US external imbalances for the medium term, barring marked deterioration in certain areas of US weakness. However, European integration and Asian development could provide alternative sources of global demand, relieving the current imbalance of global dependence on the US economy.
- Topic:
- Economics, International Political Economy, and International Trade and Finance
- Political Geography:
- United States and Europe