Wednesday, January 5, 2011
China's economy will be in Spring after the winter and the paint industry has been high hopes.
<p> 2009, is the world's countries to overcome difficulties, work together to address a critical year for the international financial crisis. .However, this hundred years of the international financial crisis is still no bottom, the global economy is facing unprecedented challenges. .</ P> <p> the new year, the global economy going? .Economic institutions with the authority of the world's latest forecast, Xinhua News Agency reporters Jin Qi and Cai Fangliao relevant sector institutions and economists at home and abroad, in 2009 and the major economies of global economic trends were discussed. .</ P> <p> "L" shape or "U" shape: risk of global recession continues, the developed economies bear the brunt of </ p> <p> "The current world economy is in turmoil, suffering .the pain of the global financial crisis. ."World Bank Senior Vice President, Chief Economist says of the global economic situation. .</ P> <p> since since September 2008, by the U.S. subprime mortgage crisis triggered by the international financial crisis, is considered the most serious since the Great Depression of the global financial crisis, the world's major economies appear for many years .Some synchronous recession, global economic growth fell sharply. .While governments do everything we can to save the financial markets and the real economy, but most agencies believe that in 2009 the downside risks to the global economy still led the developed economies is facing the risk of continuing decline. .</ P> <p> International Monetary Fund (IMF) latest forecast, the global economy in 2009 grew by only 2.2%, down from 3.7% in 2008. .Among them, the advanced economies will decline 0.3% for the first time full-year negative growth after the war, the United States, Europe, Japan 0.7%, respectively, 0.5% and 0.2% negative growth. .The World Bank is more pessimistic forecast, global economic growth this year from last year's 2.5% to 0.9%. .Among them, the United States, Europe, Japan and the economy there will be 0.5%, 0.6% and 0.1% negative growth. .</ P> <p> a number of institutions and scholars are also pessimistic forecasts economic trends in the world. .Morgan Stanley is expected to increase global economic growth this year will not exceed 0.9%, the lowest since 1982. .UBS and Merrill Lynch expected global economic growth were 1% and 1.3%. .Credit Suisse expects the global economy grew by 1.1% this year, including the United States, Europe, Japan, respectively, 1.6% to 2% and 2.1% negative growth. .</ P> <p> economist Zhang, Vice President of Chengdu University of the rank and file that in 2009 the global economy from the real economy recession, is the evolution of the economic crisis. ."In the next two years, the world economy has shown low growth, low prices, features, the world economy will show a 'L' shaped trend. .2009, the recession is probably the most difficult year. ."</ P> <p> However, Lin determine if effective global response to world economic growth will likely occur" U "-shaped turn, and a recovery in 2010. .</ P> <p> both the "L" shaped or "U" shape trend of the current global economic downturn is inevitable, the major developed economies are particularly affected. .United States, Europe and Japan for the first time since World War II have been synchronized recession. .U.S. Bureau of Economic Research on employment, industrial production index, announced after a comprehensive analysis of the U.S. economy since December 2007 began to fall into recession, became the first into recession in the developed economies. .The euro zone and Japanese economies are in recession late last year. .</ P> <p> financial crisis, Japan and other developed economies, the U.S. and Europe have been offering financial stability and economic stimulus measures, increasing the financial intervention efforts. .In 2009, major developed economies have brewing a new round of fiscal expansion. .Will be sworn in on January 20th Barack Obama is elected president of the United States efforts to promote the total amount of about 775 billion U.S. dollars in new economic stimulus plan. .European Commission President Jose Manuel Barroso said the EU does not rule out 200 billion euros to expand the economic stimulus plan may be. .Germany recently introduced a second set is expected to promote investment as the core of the economic stimulus package, costing about 500 million euros. .</ P> <p> Lee, chief economist at Standard Chartered Bank sounds of the world think that the end of 2009 the global economy is a key turning point in this turning point, the United States and Britain and other developed economies, the economy may rebound .It is estimated that bounce rate is minimal. .</ P> <P> <P> <p> together, these developed economies, expansionary fiscal and monetary policy, the actual effect remains to be seen. .United States, Europe, Japan and the credit crunch has not substantially eased. .Some fiscal expansion policy is often a lag, followed by side effects such as the financial burden is also increasingly a concern. .Congressional Budget Office expects the U.S. government budget deficit in fiscal 2009 will reach a record 1.2 trillion dollars, the proportion of GDP, more than 8%. ."The United States even if the new introduction of these plans, it is difficult to block the pace of U.S. economic downturn. ."Zhang said of their rank and file. .</ P> <p> developed economies face greater risk of deflation, monetary tightening will lead the market, the velocity of money slows down, sluggish sales, affecting production and investment initiative, limits the effective growth of the social needs .. .In addition, access to 09 major developed economies to leverage (adjusted debt levels, lower financial leverage) the extent and scope is still uncertain, may lead to further credit tightening. .</ P> <p> developed economies a significant impact on the world economy. .According to IMF forecasts, global trade growth this year from last year's 4.6% to 2.1% in developed countries, imports will appear a negative growth of 0.1%. ."The United States has been the main driving force of world economic growth, the United States this engine 'turn off' round the world economy will have negative effects. ."Zhang said of their rank and file. .According to his estimates, in 2008 the U.S. share of global economic output is about 24% contribution to global economic growth rate of about 14.4%; and according to IMF projections (2.2% global growth, a negative U.S. growth of 0.7%) to projected 2009 U.S. .contribution to world economic growth will be around negative 8.1%. .</ P>.
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