Volatility, vulnerability and vigilance

The September 2011 edition of Macroeconomic Foresights, the Global MONITOR Quarterly Update, focuses on global volatility.
It notes the role of social media in communicating economic, political and social unrest. It notes the fragile status of the middle class but also points out that globally many people are better off than 30 years ago. It highlights the trend of consumer vigilance in response to perceived vulnerability. The country forecast covering the world’s 10 largest economies takes an in-depth look at US debt versus GDP, ‘three speed’ economic recovery, and instability in the Eurozone....

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