Guest Post: Global growth becoming less US-centric
Posted on November 20, 2009 at 13:53 PM EST
Guest Post by Oxford Analytica The OECD yesterday forecast world growth of 3.4% in 2010. The OECD’s baseline forecast projects a world in which the US household savings rate is unchanged from 2009 and consumer growth picks up by 1.3%. As global trade growth recovers, some reversion to pre-crisis current account dynamics is on the cards. [...]