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What's Ahead for the Global Economy in 2008? Reports from the Knowledge@Wharton Network
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******************************** What's Ahead for the Global Economy in 2008? Reports from the Knowledge@Wharton Network http://knowledge.wharton.upenn.edu/index.cfm?fa=viewfeature&id=1871 Though the subprime mess and rising oil prices slammed the U.S. economy during much of 2007, other emerging markets -- especially China and India -- seem to be on a roll. China's growth rate of more than 11% is likely to continue, and India, too, should be able to sustain a high rate of GDP growth, even if it slows from last year's 9%. Latin America, meanwhile, is cautiously optimistic but could see a moderate decline in 2008. The Knowledge@Wharton Network sites -- including Universia Knowledge@Wharton, China Knowledge@Wharton and India Knowledge@Wharton -- spoke with Wharton faculty and other experts about what to expect during the coming year.
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