Global Economics; 4 Questions

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This 14 page paper answers 4 questions on global economics in an exam style answer. The first questions considers whether the position of the US economy in 2008 can be seen as leading to a crisis similar to the Japanese lost decade in the 1990's. The second questions looks at the impact that rising oil prices have on inflation and economy slowdown in the world economy. The third part of the paper discusses where or not the BRIC nations (Brazil, Russia, India and China) will be able to carry on with their fast growth is there is a global slow down. The last part of the paper discusses what the world economy look very different when the current downturn comes to an end. The bibliography cites 1 source.