Towards a sustainable economy
Tuesday, December 15th, 2009There are some signs that the world economy might be recovering from its worst recession since the 1930s.
Japan, Germany and France officially exited recession in the second quarter of this year and the Chinese and Indian economies are still growing apace.
Many economists and institutions such as the International Monetary Fund are predicting a return to global economic growth next year.
Nevertheless some more bearish analysts - such as Professor Nouriel Roubini, who correctly predicted the financial crisis - warn of a possible ‘double dip’ recession.
