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ArtikelSemi-rational Exuberance; The World Economy  
Oleh: [s.n]
Jenis: Article from Bulletin/Magazine
Dalam koleksi: The Economist (http://search.proquest.com/) vol. 406 no. 8820 (Jan. 2013), page 11-12.
Topik: Global Economy; Economic Conditions; Investments; Securities Markets
Ketersediaan
  • Perpustakaan Pusat (Semanggi)
    • Nomor Panggil: EE29.75
    • Non-tandon: 1 (dapat dipinjam: 0)
    • Tandon: tidak ada
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Isi artikel Investors around the world have been struck by a bout of optimism. As stockmarkets from New York to Tokyo hit multi-year highs, the VIX, a gauge of investors' fear, fell to its lowest since 2007. But the question remains whether this ebulience is justified. There are three reasons to feel more hopeful about the world economy. First, several disasters have been avoided. A second reason for cheer comes from central banks' activism. Evidence that growth may be accelerating, at least in some places, provides the third reason for optimism. These are all good reasons for feeling better about the world economy's prospects. But they need to be put into context. The biggest reason for caution, though, lies in the gap between financial-market optimism and economic reality. That gap is widest in Europe.
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