1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Economic Currents

Keep up to date with the latest UHERO news.

UHERO Global Economic Forecast: Asia Leads World Recovery

Posted November 20, 2009 | Categories: Hawaii's Economy, Economic Forecasts

 After a deep, synchronized recession, growth is resuming across a broad swath of the global economy. Leading the rebound are the dynamic Asian economies. These countries, which were hit hard by last year's collapse of world trade, have now seen a return to export-led growth, much of it originating from demand within the region. Growth has also returned to the U.S. and Japan, but the depth of the decline, lost household wealth, and lingering credit problems mean that full recovery will take a number of years.

read report


« view all news

comments powered by Disqus