GLOBAL ECONOMY: RECOVERY AND POST-CRISIS DEVELOPMENT
By many indicators, the global economy is fairly confident in overcoming the global crisis. The International Monetary Fund (IMF) forecasts (April 2010) that global gross domestic product (GDP) will grow by 4.2% 2010.1 As always, the causes of the crisis and a relatively quick way out of it will be discussed by experts for a long time. But few seem to deny that two factors played a major, if not decisive, role: large-scale anti-crisis measures, primarily by the United States and other leading Western countries, and the high degree of stability of a number of emerging economies, primarily China and India. Most countries in Asia and Africa experienced only a slowdown in GDP growth, while in China and India it was small. According to this indicator ($4.91 trln2), trln)in 20093. Formally, it remained on the 3rd place in the world hierarchy only because of the weakening of the dollar against the yen, in which it is customary to calculate comparative GDP indicators of different countries. Given the generally favorable prospects for US economic development in 2010, China will overtake Japan in the coming months simply by raising the dollar against the yen. What the United States and other developed countries are seeking from China - a revaluation of the yuan - could have the same effect, but Beijing is not yet ready for this. However, even without playing on the exchange rates, the PRC gives such a GDP increase, which has already made the Middle Kingdom the second economic power in the world. Against this background, some experts, including the author of the article published below, Doctor of Economic Sciences A.V. Akimov, even had a natural question: was the crisis of a global nature? The fact is that the reduction of economies (and not just their growth rates) in terms of geographical coverage has not become widespread, contrary to what most experts predicted. Due to the law of uneven economic development of countries at different stages of economic maturity and integrat ... Read more
____________________

This publication was posted on Libmonster in another country. The article seemed interesting to our editor.

Full version: https://elibrary.org.uk/m/articles/view/GLOBAL-ECONOMY-RECOVERY-AND-POST-CRISIS-DEVELOPMENT
Japan Online · 305 days ago 0 245
Professional Authors' Comments:
Order by: 
Per page: 
 
  • There are no comments yet
Library guests comments




Actions
Rate
0 votes
Publisher
Japan Online
Tokyo, Japan
15.08.2023 (305 days ago)
Link
Permanent link to this publication:

https://elib.jp/blogs/entry/GLOBAL-ECONOMY-RECOVERY-AND-POST-CRISIS-DEVELOPMENT


© elib.jp
 
Library Partners

ELIB.JP - Japanese Digital Library

Create your author's collection of articles, books, author's works, biographies, photographic documents, files. Save forever your author's legacy in digital form. Click here to register as an author.
GLOBAL ECONOMY: RECOVERY AND POST-CRISIS DEVELOPMENT
 

Editorial Contacts
Chat for Authors: JP LIVE: We are in social networks:

About · News · For Advertisers

Digital Library of Japan ® All rights reserved.
2023-2024, ELIB.JP is a part of Libmonster, international library network (open map)
Preserving the Japan heritage


LIBMONSTER NETWORK ONE WORLD - ONE LIBRARY

US-Great Britain Sweden Serbia
Russia Belarus Ukraine Kazakhstan Moldova Tajikistan Estonia Russia-2 Belarus-2

Create and store your author's collection at Libmonster: articles, books, studies. Libmonster will spread your heritage all over the world (through a network of affiliates, partner libraries, search engines, social networks). You will be able to share a link to your profile with colleagues, students, readers and other interested parties, in order to acquaint them with your copyright heritage. Once you register, you have more than 100 tools at your disposal to build your own author collection. It's free: it was, it is, and it always will be.

Download app for Android