Global Update — Preparing For A Weaker U.S. Dollar

April 21, 2011
by Daniel Zurbrügg

The global economy is in a state of stabilization rather than normalization and despite the various negative events in the first quarter (earthquakes, Japan, Middle East) the global economy is still set to grow at a rate of about 4.5 percent this year, only marginally lower compared to 2010

However, global economic growth is very unevenly distributed these days and emerging markets are growing much faster than developed markets like the United States and Europe. Emerging markets are expected to grow about 6.5 percent versus only 2.5 percent for developed markets.

In its recent update “World Economic Outlookâ€