Summary
- Author: United Nations
- Main Title: Latin America and the Caribbean in the World Economy 2011-2012 , pp 11-23
- Publication Date: April 2013
- DOI: https://doi.org/10.18356/37efd782-en
- Language: English Spanish
All three engines of the global economy, especially the euro zone, slowed in 2012, sapping a recovery that was already the slowest in 40 years. The crisis is deepening in the euro zone, after five quarters of growth close to 0%. This is having a direct impact on the United States and China, for both of which the European Union was the largest export market in 2011. The United States is in a period of slow, vulnerable growth. Despite massive revitalization programmes, the recovery is proving to be the slowest of the entire post-war period. As a result China’s exports are faltering too, and its demand for raw materials imports is slackening.
© United Nations
ISBN (PDF):
9789210553681
Book DOI:
https://doi.org/10.18356/29ea331f-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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