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  • The Changing Economic Environment and Mutual Interdependence of Economy

     

    Essays1 Economics

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ID number:318625
Evaluation:
Published: 16.10.2007.
Language: English
Level: College/University
Literature: n/a
References: Not used
Extract

Most countries of the world for long period have lived in a golden age of rising incomes and improving living standards. A number of factors suggest that the soft-landing scenario outlined above could be destroyed. The past few years of very strong growth have generated a number of tensions in the global economy, including increased commodity and asset prices (notably those of oil, metals and housing) and a buildup of inflationary pressures.…

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