The complexities of the world economy
World economy is like a three interlocking puzzles America,Europe and China. The three countries are facing different challenges and are intertwined in the global networking. The fragility in the global economic system needs open mind to come to know about risks. There has been a positive outcome for the world economy in spite of contradiction between the three countries.
The consumer spending of US has been in a moderate level and the market of China is drying up. The debt crisis of Europe is the biggest problem has been at ease at present and decreased fears. The analyst feel that different governments have taken p austerity plans to increase the growth of their countries. The renewed confidence of emerging markets have created the domestic markets and shows the crisis will not stay long.
The biggest worry for China is involves policy mistake will require slowdown and control the inflation. The customers of US are known for their resilience and have gained a renewed confidence from past few months. The signs of rebound can be seen from the Chinese authorities and Europe. These are surveyed report of many economic blogger opinions covered to form a world economy.