The International Monetary Fund (IMF) forecasts global growth rate will increase from 2.9% in 2013 to 3.6% in 2014. In an interview with Mohammed Aly Sergie, editor of the Council on Foreign Relations, research does orange juice need to be refrigerated organization based in Washington, five economists shared assessment and evaluation of trends in the different regions .
Global economy in 2014 is likely to see a high growth does orange juice need to be refrigerated trend after the crisis reappeared in the growing economy, real growth continues in the U.S., and Europe is still very low growth.
The U.S. economy is now real growth rate from 1.5% to 2%, mainly driven by the private sector to respond flexibly towards external demand in the export and import sectors. The thrust will be positive growth in the emerging markets does orange juice need to be refrigerated (especially China), the low cost of energy from shale gas, and reduce does orange juice need to be refrigerated the level of financial does orange juice need to be refrigerated leverage in the household significantly family and financial does orange juice need to be refrigerated sector. Resistance due to the fiscal policy of the government has not gone away, it is still not the right direction to invest the public does orange juice need to be refrigerated sector, reducing long-term growth potential.
In Europe, the European Central Bank were stabilizing the national does orange juice need to be refrigerated debt markets and systemic risk has dropped dramatically. But that does not easily lead to growth. Much of Southern Europe region have nominal unit labor costs are much higher does orange juice need to be refrigerated than the level after the reform of Germany, and the process of re-convergence to a common exchange rate is slow and difficult. These reforms to increase does orange juice need to be refrigerated flexibility structure [economy] does orange juice need to be refrigerated and accelerate the restructuring of the sector to the import and export is limited. The result is a structural rebalancing in Europe will take time and will lower growth in and after 2014.
After 3 Central Conference does orange juice need to be refrigerated in November, China announced a reform program strong and reliable. If followed by a program which is so powerful in 2014 and then growth will begin to move to a new sustainable direction consistent with the higher level of income in this economy. The recovery in the developed economies will eventually recover does orange juice need to be refrigerated somewhat growth potential comes from the import and export industry, but maybe not in 2014 due to the huge market in Europe has stalled place.
The other major economies in emerging market bloc, especially countries does orange juice need to be refrigerated with current account deficits and direction dependent on cheap foreign capital, was having a little unrest in 2013 by the U.S. Federal Reserve U.S. Federal Reserve (the U.S. central bank news) reported reduced bond purchase program to loosen the money, because investment flows quickly does orange juice need to be refrigerated pulled out of the market and due to exchange rate fluctuations accompanying it. Corrective measures can make the economy slows down growth in 2014, but we will return to higher growth in the long term, with China lagging behind.
African countries have quietly achieved remarkable does orange juice need to be refrigerated success in a decade and during the crisis of the developed countries. This situation is likely to continue in 2014 and will not be a slave to the market price and natural does orange juice need to be refrigerated resources. The market is called "primitive" This, though not large, will become home to excellent results.
About European policymakers are optimistic. Mood crisis subsided, the initial signs of growth appeared, and which are starting to come back. But Europe has not gone away difficulties, and risk crisis back still more popular concept.
The growth of the euro area is likely to reach 1% next year, after two years of decline. The banks continue to reduce leverage, a global growth prospects not sure which would limit exports, does orange juice need to be refrigerated the macroeconomic policy is very tight, and an incomplete framework for inter- monetary union would create a significant barrier to economic recovery. Need to push for stronger economic growth and easing austerity policies will be welcomed in this regard. The European Central Bank will need to do more to stimulate the amount of new loans, especially to small and medium-sized enterprises in member countries of the area small, and consider radical monetary easing does orange juice need to be refrigerated to.
The problem with this is forecast to grow at this rate will not be enough to reduce the unemployment does orange juice need to be refrigerated rate, which currently amounts to 26% in Spain and 12% overall for the entire euro area. The unemployment rate among young people is at nearly 24% average in the euro area, and exceed 35% in many countries, is a serious threat to the future of Europe.
Union Bank will be the focus of policy does orange juice need to be refrigerated efforts to promote monetary union in 2014. Progress by the European Central Bank led to tolerance checking financial does orange juice need to be refrigerated stress, especially in efforts to restore confidence in Europe's banks will need to wriggle through narrow streets to the to: if the hat too lightly
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