Columbia International Affairs Online: Policy Briefs

CIAO DATE: 07/2011

Another Slowdown

John H. Makin

June 2011

American Enterprise Institute for Public Policy Research

Abstract

Market conditions in the United States, Japan, China, and Europe portend a weakening global economy. While not dramatic in any one region save an earthquake-burdened Japan, these conditions could accumulate to create a problematic loss of momentum for global growth, especially compared to current upbeat consensus views for the second half of 2011.