Interview 2011 global economic growth from 3.4 to 4%

 Xinhua Davos, Switzerland, Jan. 26 (Xinhua Zhang Yue M), as the U.S. Global Link Ltd, chief economist Nariman? Beilaweishen 26, told Xinhua in an interview that 2011 the global economy will grow 3.4% to 4%, but there are still uncertainties.

Beilaweishi said.

Beilaweishi said that at present China, Brazil, India and other emerging markets, a strong momentum of economic development; the United States recently released economic data also shows that most of its growing momentum of recovery, the U.S. Government to extend the reduction Tax Act and measures to stimulate the economy is expected to contribute about U.S. economic growth this year, 0.6 percentage points; In addition, despite the debt crisis in Europe is still shrouded in clouds, but in northern Europe (except outside of Ireland) of the current economic recovery in good shape, Germany, which was particularly prominent.


However, Beilaweishen also said that despite the global economic recovery is good, but there are still some uncertain factors. Major developed countries faced with the government's fiscal deficit and debt problems, and most emerging economies, inflation is rampant, and getting worse.

Beilaweishi that Greece and Ireland in 2011 is likely to debt restructuring, debt through this form will reduce the scale of 30-40%. He believed that Greece and Ireland will not be forced to withdraw from the debt crisis in the euro zone.

on the U.S. deficit problem, he thought 2012 was a watershed presidential election, before the United States should not take any drastic measures to reduce the deficit, but after that it is likely to begin to greatly reduce deficit.

Beilaweishi that inflation is a common problem in emerging economies, if not promptly take adequate measures, inflation is likely to evolve into uncontrollable proportions.


Beilaweishi also predicted that in 2011 raw materials and other commodity prices will continue to rise this year is expected to rise an average of 10%.

. In 2011 he was quite optimistic about the global food supply that food prices rose earlier this year will continue.