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Deloitte Global Economic Outlook
As the fog lifts over the global economy, a recovery is clearly under way. Strong economic growth is evident in such disparate places as China, the United States, Brazil, Australia, and India. Other markets are growing more slowly, but there is no significant economy on earth that remains clearly in recession. Yet as good news envelopes the globe, new fears emerge. Troubles in Greece raise questions about the future of the euro. Seemingly unsustainable levels of government borrowing raise fears of higher interest rates, while unusually expansive monetary policy raises fears of inflation. Indeed several central banks have already begun the process of retrenchment. Meanwhile questions linger as to the health and stability of the global financial system.In this edition of the Global Economic Outlook, Deloitte economists survey the world and offer insights about the durability of recovery and the remaining risks in the world’s major markets: the United States, the Eurozone, Japan, the United Kingdom, China, India, and Russia. They also tackle questions about the euro and the market for commodities.
Published 27 April 2010; 44 pages; A Deloitte Research report.
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