Check out this short article demonstrating key global growth statistics paying close attention to the decline in the U.S. growth resulting from a brutally cold winter and a sluggish government (shutdown).
Global growth will be driven by advanced economies as emerging markets
slow down, the Organisation for Economic Co-operation and Development
predicts.
To what extent and why will emerging economies versus advanced economies be influential in fueling global growth?
I wonder what their reason is for cutting expectations this year but maintaining higher expectations next year in 2015. Maybe they think some of the underlying issues like unemployment will be addressed by then. I think the role of emerging economies will continue to grow in importance in terms of fueling global growth. All of the acronyms that are out there like the BRICs, MINTs, and CIVETs seem to try and capture and focus this opinion.
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