Will the Global Economy Add Up?
While 2013 will not be a banner year for the global economy, it may nonetheless come to be viewed as the first year of the post-crisis period. The main danger is that around the world there seems to be far more planning for export-led growth than acceptance of reduced competitiveness and increased imports.
https://prosyn.org/Xff1NMu
CAMBRIDGE – This year has begun on a note of cautious optimism for the global economy. Europe is back from the brink. The United States did not fall over the fiscal cliff. Japan is moving to change its economic strategy, and China appears to be getting back on track.