Young affluent Asians are the most pessimistic retail investor group about the world economy and yet they expect 10.5% returns this year, according to a survey to be released today.
Tag : global financial crisis
Justin Lin Yifu, former chief economist at the World Bank, says investing in infrastructure is a key way for emerging and developed markets to put the global financial crisis behind them.
The US economy is headed for slow growth rather than a double-dip recession, while the euro will likely endure and China can’t escape the business cycle, says the Harvard professor.
