L’économie mondiale en danger

Infographie : François Descheemaekere

The Global Economy at Risk
 
[The New York Times]

Editorial

Anxieties about Europe dominated this week’s meetings in Washington of the International Monetary Fund and World Bank. Fund officials warned that the euro-zone crisis poses a grave danger to a weak global economy. Europe’s leaders, masters of denial, are still insisting on destructive austerity. The danger was underscored by the latest Brookings Institution-Financial Times index of global economic recovery. The index, which measures economic and financial activity as well as confidence, shows that the world economy has deteriorated since last fall. Europe has been hard hit by its leaders’ continued insistence on austerity for all.
The United States is doing better, though it is still vulnerable to rising oil prices or deep recession in Europe. Growth slowed in China and the major emerging economies largely because of the lack of robust recovery elsewhere.
Lire : nytimes.com