Our Economic Times: IMF Reports U.S. Economy to Drive Global Growth

Document Type

News Article

Publication Date

4-23-2014

Publication Title

Savannah Morning News

Abstract

This column was published in Savannah Morning News.

The latest report from the International Monetary Fund (IMF) states that the U.S. will lead global economic growth through 2015. This is welcome news as our nation continues to battle with notions of the “new economic norm” characterized by droves of long-term unemployed and dysfunctional politics. Although U.S. economic growth has shown sloth-like progress on the heels of the great recession, our recovery has outpaced that of other advanced economies. And, in light of weakened financial positions and mounting geopolitical risks, emerging nations such as Brazil and Russia, once anointed as the new global economic engines, have had their 2014-15 growth estimates slashed by the IMF...

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