The pace of global economic recovery slows down remarkably with the raised economic downturn risk in 2011. The recovery power of developed countries is clearly insufficient, and economic growth rate is far below the emerging economies with a higher decline extent. Developed countries face severe employment situation. At the same time, sovereign debt crisis escalated and long-term low interest rates also reduce the regulate space of the fiscal and monetary policy which accompanied by frequent shocks in international financial markets, sluggish of international trade and investment growth, fluctuations in commodity prices and the worse of social problems. There are frequent natural disasters in 2011, which makes the global economic recovery trudged worse. These effects will continue for a long period of time. The world economy will face uncertain development, with a great possibility that global economy growth maintains at a low level.
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