Global Economic Prospects: Spring 2011


April 4, 2011, 12:00 AM EDT
Peterson Institute for International Economics, Washington, DC

Event Summary

The Peterson Institute hosted its nineteenth semiannual Global Economic Prospects program April 4, 2011. Senior Fellow Michael Mussa projected the world economy for the rest of 2011 and 2012. Senior Fellow Nicholas R. Lardy discussed the prospects for China, now the chief driver of global growth, and addressed several concerns that have recently been raised about its continued progress. Senior Fellow Marcus Noland analyzed key economic issues and recent developments in the Middle East and Japan for both those regions and for the rest of the world.

Michael Mussa was chief economist at the International Monetary Fund during 1991–2001 before joining the Institute and was previously a member of President Reagan's Council of Economic Advisers. Nicholas Lardy is the Anthony M. Solomon Senior Fellow at the Institute and has written widely on the Chinese economy, most recently including China's Rise: Challenges and Opportunities (2008) and China: The Balance Sheet (2006). Marcus Noland is deputy director of the Institute and has coauthored The Arab Economies in a Changing World (2007), which foresaw a number of the economic and social problems that are now surfacing across the region.

Event Materials

Paper: Global Economic Prospects as of April 4, 2011: Continued Growth Despite the Turmoil
Michael Mussa
April 4th, 2011

Presentation: The Economic Outlook for China [pdf]
Nicholas R. Lardy
April 4, 2011

Presentation: Global Economic Prospects: Japan and the Middle East [pdf]
Marcus Noland
April 4, 2011

Op-ed: Will the Crisis Create a New Japan?
Marcus Noland
March 16, 2011

RealTime: How Europe's New Unstable Equilibrium Will Help Solve Its Sovereign Debt Crisis
Jacob Funk Kirkegaard
March 28th, 2011



About This Series

The Peterson Institute for International Economics holds its semiannual Global Economic Prospects each spring and fall to report its US and international economic outlook.