The world spins in economic turmoil, and who can tell what will
happen next? Cold numbers and simple statistical projections don't
take into account social, financial, or political factors that can
dramatically alter the economic course of a nation or a region. In
this unique book, more than twenty leading economists and experts
render thorough, rigorously researched prognoses for the world's
major economies over the next five years. Factoring in such varied
issues as the price of oil, the strength of the U.S. dollar,
geopolitics, tax policies, and new developments in investment
decision making, the contributors ground their predictions in the
realities of current events, political conditions, and the health
of financial institutions in each national economy.
The most comprehensive volume on the global economy available
today, this book presents up-to-date research on Russia, Australia,
Europe, sub-Saharan and South Africa, the major Asian economies,
North America, and the largest economies of Latin America. With
unsurpassed expertise, the authors explain what's going on in
individual countries, how important current global issues will
impact them, and what economic scenarios they most likely will face
in upcoming years.
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