quinta-feira, 22 de novembro de 2007

OS "EMERGENTES" SALVARÃO A ECONOMIA MUNDIAL?

America's vulnerable economy

IN 1929, days after the stockmarket crash, the Harvard Economic Society reassured its subscribers: “A severe depression is outside the range of probability”. In a survey in March 2001, 95% of American economists said there would not be a recession, even though one had already started. Today, most economists do not forecast a recession in America, but the profession's pitiful forecasting record offers little comfort. Our latest assessment suggests that the United States may well be heading for recession.

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The vigour of emerging economies is good news for the world economy: for its growth, it has much less need of a strong America. The bad news for America is that this, in turn, may mean that the world also has less need of the dollar.

LEIA O ARTIGO DO ECONOMIST CLICANDO NO TÍTULO DESTA POSTAGEM.

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