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Davos Annual Meeting 2007 - Global Economic Outlook 2007
http://www.weforum.org 27.01.2007 The Global Economic Outlook 2007 Consumer spending has helped drive robust global economic growth since 2002. But as the US economy slows and global interest rates rise in response to higher inflation, whether this expansion will go on or not is the subject of much debate. 1) What is the outlook for US consumer spending and growth given trends in housing prices and interest rates? 2) Will oil prices remain as volatile? What impact will that have on global growth? 3) Are China and other emerging markets generating enough domestic demand to reduce the world's dependence on the American consumer? Montek S. Ahluwalia, Deputy Chairman, Planning Commission, India Robert M. Kimmitt, US Deputy Secretary of the Treasury Hiroko Ota, Minister of State for Economic and Fiscal Policy of Japan Jean-Claude Trichet, President, European Central Bank, Frankfurt Min Zhu, Group Executive Vice-President, Bank of China, People's Republic of China Chaired by Martin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, United Kingdom