World Economy Relies on America!

World economic growth is likely still will depend on economic conditions that occurred in the country Superpower United States (U.S.).

Head of Research PT Danareksa, Purbaya Yudhi Sadewa, assess if the U.S. economy improves, the world economy will be affected by the positive, so does the opposite.



He said the U.S. economy in the fourth quarter 2009, the post-crisis, re-experiencing positive annual growth of 0.2 percent, and continued in quarter I, II, III, 2010 U.S. economy grew more rapidly. This indicates that the U.S. economy is currently in a phase of expansion.

"Although U.S. economic growth is close to its long-term trend, but is still considered not strong enough. Therefore, the interest rate the Fed is predicted to persist at a low level," he met while events Market Outlook, 2011, at Hotel Mulia, Jakarta, Wednesday (19/01/2011).

Previously, the recession started to hit the U.S. economy since December 1997, detected by the Leading Economic Index (LEI) since July 2007 and is now slowly recovering.

"This indicates that the U.S. economy is in expansion phase that can last at least until 2016 or for seven years," he explained.

Meanwhile, Indonesia is expected to affect the world economic recovery will increase the confidence of the Indonesian economy to grow 6.38 percent in 2011 up to this. Indonesia's economic growth will still be supported by strengthening domestic consumption, foreign investment, and increased exports.

"Economic growth in Indonesia in 2011 is expected to grow 6.38 percent, supported by a more balanced growth engine of consumption, investment and exports,"