Global Economy 2007
According to Global Insight:
1. World GDP (real) will slow to 3.3% in 2007 from 3.9% in 2006.
2. U.S. will continue to grow faster than Europe, Japan, Canada.
3. Asia-Pacific region will account for 40% of world economic growth.
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Saturday, January 27, 2007
1. World GDP (real) will slow to 3.3% in 2007 from 3.9% in 2006.
2. U.S. will continue to grow faster than Europe, Japan, Canada.
3. Asia-Pacific region will account for 40% of world economic growth.
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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1 Comments:
Very surprised by their predictions that the EUR/USD rate will hit 1.4200 this year and that the USD/JPY rate will fall to 105.8. What were their predictions on these pairs in 2006, 2005 and 2004?
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