新的增长模式

剑桥——世界经济经过了泡沫破灭之后,目前出现了一丝复苏的迹象。越来越多的投资者看到了经济回暖的现象:首先是在中国,然后是美国,欧洲以及世界其他地区。即使有了前几个季度令人糟糕的经济数据,也没有吓退投资者的热情。一些投资者甚至认为:跌的越深,反弹的就越厉害。

也许,这些乐观的情绪是有道理的。但如此强劲的反弹是否可以说明我们最坏的时候已经过去了么?我们现在是否又在重复2002至2007年的泡沫经济的老路么?

我有一些担忧,以最近20年来的时间坐标轴来看,作为世界经济引擎的美国和中国,最近的经济增长明显有所放缓。

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