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Davos Annual Meeting 2007 - Global Economic Outlook 2007

http://www.weforum.org/27.01.2007Consumer 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, IndiaRobert M. Kimmitt, US Deputy Secretary of the TreasuryHiroko Ota, Minister of State for Economic and Fiscal Policy of JapanJean-Claude Trichet, President, European Central Bank, FrankfurtMin Zhu, Group Executive Vice-President, Bank of China, People's Republic of ChinaChaired byMartin Wolf, Associate Editor and Chief Economics Commentator, Financial Times, United Kingdom
Length: 09:33

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