United States lead the global economic activity in 2015, with a growth rate of 3.4%, according to experts at the World Economic Forum in Davos said.
In one of recent debates about the global economic situation, the governor of the Bank of Japan, Haruhiko Kuroda, was very optimistic about the robustness of growth in the US economy, “that will lead global growth.”
Kuroda considered “a bit much” has been established again pessimism at the World Economic Forum, which began Wednesday and ended on Saturday.
The deputy head of the International Monetary Fund ( IMF), Min Zhu, predicted that the US will grow by 3.4%, driven by private consumption and a little spending, but noted that “investment is still weak” compared to 2007.
He also cautioned against creating “the illusion of liquidity” in the financial market.
Kuroda predicted that the Japanese economy will grow this year by 2%.
“We need well-functioning financial markets”
The French member of the executive board of the European Central Bank (ECB), Benoit Coeuré said “indeed the US economy will be strong, stronger than in the euro area “, but also added that” we expect the financial environment in the form follow. “
” We need international financial markets that work well, “said Coeuré, which is responsible for International Relations on the executive committee of the entity.
Coeuré said “it was clear that it was time to do something” given the weakening of inflation expectations, when asked about the new monetary stimulus has approved the Central Bank.
“The last days the only discussion was how to do it,” Coeuré.
The ECB will buy from March public debt and private worth 60,000 million euros per month until the end of September 2016.
The quantitative expansion creates distortions in some markets such as low interest rates for purchases by central banks, and behavioral changes in the money market -desvíos the variable- income, as seen in the United States and Japan, can create bubbles, President of BlackRock, the largest asset manager in the world, Laurance Fink said.
Kuroda considered these monetary stimulus will help the eurozone recover more strongly and could eradicate the deflationary pressures.
The emerging market gradually slows for two years but the last twenty years have seen fundamental changes and now accounts for half of gross domestic product (GDP) Overall, according to the IMF deputy managing director.
Collaboration EFE
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