71. The World Economy after Dubai
- Author:
- John H. Makin
- Publication Date:
- 11-2003
- Content Type:
- Policy Brief
- Institution:
- American Enterprise Institute for Public Policy Research
- Abstract:
- The outlook for the global economy has become clouded since the September annual meetings of the International Monetary Fund and World Bank in Dubai. Going into the meetings, views were broadly optimistic, tied to the familiar, reassuring sense of a recovering U.S. economy, the prospect of rising exports, and a firm dollar. America, an oasis of firmer demand growth in a desert of global excess capacity, was back— again, for the second time since the bubble economy burst in March 2000. Only this time, it was for real, not like the false, post-9/11 recovery that fizzled out in the spring of 2002. Or, so it seemed.
- Topic:
- Economics, International Trade and Finance, and Political Economy
- Political Geography:
- United States, America, and Dubai