Are the advanced economies facing a lost decade?

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, Financial Crisis
Political Geography
Japan