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One of the most fascinating macro trends in
recent years has been the rapid shrinkage of
global imbalances, with the reduction in the
US current account deficit and the
simultaneous decrease in China’s current
account surplus the most prominent
manifestation of this global macro shift. One
of the consequences of this rebalancing act has
been the shift in the drivers of domestic
demand growth.
This week, we identify the countries and
products that are best placed to take advantage
of this macro shift. In the near term, domestic
demand growth in China is likely to be the
main driver of global export growth in 2009
and 2010. Economies with more exposure to
CA surplus countries, such as Japan, the
Philippines, India and Australia, are likely to
benefit most.
GS-Global Economics Weekly - 090701
http://www.55188.com/viewthread.php?tid=2898761&from^^uid=1519588

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关键词：全球经济 SIMULTANEOUS Consequences Philippines REBALANCING 经济 高盛 全球 点评

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