TITLE

The Shape of the Global Economy Will Fundamentally Change

AUTHOR(S)
EL-ERIAN, MOHAMED
PUB. DATE
September 2011
SOURCE
Foreign Policy;Sep/Oct2011, Issue 188, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the potential change in the global economy. The financial problems of high debts, low credit ratings, and unemployment in European countries such as Ireland and Greece and in the U.S. are discussed. Three global economic trends include deep-rooted problems in advanced economies such as party politics and housing markets, the postponement of dealing with economic problems, and the increase in emerging markets of developing countries. It is suggested that these trends will continue and change the global economic structure.
ACCESSION #
65344045

 

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