The Global Economy: Where Do We Stand?

"With the relatively slow rate of recovery that can be expected in the United States, the fiscal and debt difficulties southern Europe continues to face, and the apparent sluggishness of the Japanese economy, the really bright spot in the global economy for the next several years continues to be Asia outside Japan. China’s main problem is the risk of overheating; India’s economic growth seems set to accelerate somewhat; and Southeast Asia, especially Indonesia, look to be sustaining growth..."