Canadian Economists Forecast Emerging economies will lead the world

 Canada's five major banks
chief economist, recently said that the current international financial crisis on the impact of the world has not eliminated the United States and European Union countries in 2011 will remain under attack, China and India and other emerging market countries will be to promote global economic development the main force.

five major banks such as Bank of Nova Scotia chief economist at the 6th Forum on the Economic Club of Canada said the economy will slow in 2011 restored the developed countries, the debt crisis is the biggest crisis facing the European Union, The second round of the U.S. implementation of the quantitative easing measures on promoting the role of economic recovery will be difficult.

years ago, part of the shares is expected to soar! Confidential! Market institutions will soon be reversed capital flows have changed dramatically! Main funding is plotting a new layout, chief economist at Scotiabank
heat Stan Valentine said that U.S. and European economy is picking up, but still can not return to pre-crisis levels. In addition, the euro and the dollar will depreciate. Compared with the United States and Europe, is relatively optimistic about the Canadian economy, interest rates will remain at low levels, sound fiscal policy will be extended at least one year, consumer confidence increased, the Canadian economy earlier than other developed economies into the track.

Royal Bank of Canada Financial Group chief economist  said market trends show the Canadian economy forward in a positive direction.

which several experts agreed that the emerging market countries in the global economy will play an important role in the recovery process. Although China, India and Brazil are facing the problem of inflation, but the governments of these countries have the ability to solve this problem and ensure healthy economic development. Heat Stein said, emerging economies play an increasingly important role, not only to promote global economic growth, and the huge savings in these countries will promote the development of financial markets.