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Globalization
Synchronized Global Growth
Synchronized Global Growth
Parent term
Globalization
Synchronized Global Growth references a time period when major global economies were all growing at the same time
More about Synchronized Global Growth
Notes
Became a prominent term by forecasters in 2017
Under this scenario
growth
in one
country
fuels
growth
in others
Concern is that if all countries are growing together, will they all contract at the same
time
?
This could be much worse than one or two individual countries having a
recession
at the same
time
Usually there are countries growing and unde
recession
at the same
time
- balances out global
growth