Sachs says global growth to depend more on Asia

Posted at May 03 2012 10:42 AM | Updated as of May 03 2012 07:00 PM

Renowned economist Jeffrey Sachs says global growth now depends more on Asia as medium-term prospects for the United States and the Europe look bleak. Sachs said Europe has slipped back into recession, while the US economy remains structurally imbalanced. [email protected], May 3, 2012

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