Davos 2012: Income Inequality Becomes An Issue At World Economic Forum For First Time

2012/02/13 in Tumblr blog imports

forecast for global growth in 2012 to 3.3 percent from the 4 percent pace it projected in September. Many other economic forecasters also predict a slowing economy, including New York University’s Nouriel Roubini, who is widely acknowledged to have predicted the crash of 2008 and who said he might be “even slightly more bearish” on the new IMF forecast.

Asia is expected to remain the engine for global growth though at a slower rate, with China leading the way at more than 8 percent, followed by India and Indonesia.

Read more: http://www.huffingtonpost.com/2012/01/29/davos-2012-income-inequality_n_1240158.html

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