The US and China make up around 21% and 11% of global GDP (on a PPP basis), respectively. The US consumer, accounting for 70% of US GDP, will remain a drag on US growth over the next few years, while Chinese stimulus measures may just succeed in offsetting both the decline in external demand and its
CEPR, established in 1983, is an independent, non‐partisan, pan‐European non‐profit organization. Its mission is to enhance the quality of policy decisions through providing policy‐relevant researc...
The US and China make up around 21% and 11% of global GDP (on a PPP basis), respectively. The US consumer, accounting for 70% of US GDP, will remain a drag on US growth over the next few years, while Chinese stimulus measures may just succeed in offsetting both the decline in external demand and its
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Asset bubbles: Origins and implications | vox - Research-based policy analysis and commentary from leading economists
CEPR, established in 1983, is an independent, non‐partisan, pan‐European non‐profit organization. Its mission is to enhance the quality of policy decisions through providing policy‐relevant researc...
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