Expect lacklustre recovery in 2011

The global economy is set for a creeping recovery in the new year, according to FinanceAsia readers.
FinanceAsia readers expect a slow but steady recovery in 2011.
FinanceAsia readers expect a slow but steady recovery in 2011.

We asked our readers last week to look into their crystal balls and predict what will happen in 2011. Most predicted that the world economy would slowly recover, though there was also strong support for the idea that Asia will post record economic growth next year.

Pessimists were in short supply, with few voters predicting our bearish options of a double-dip recession or an all-out trade war between China and the US. But not everyone shares our readers’ Christmas spirits. Nouriel Roubini, the self-proclaimed predictor of the credit crisis, has been a bit of a Grinch recently, claiming that Greece is set to default on its debts and that the eurozone will eventually...

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