World Economy Expected to Decelerate in 2007

by Jared Fruland

The UN released on Friday , February 23 that the world economy will decelerate in 2007. This comes after three years of broad-based, upward growth of world economies. The world is expected to decelerate, due to a slowdown in the U.S. economy. However, least developed countries have experienced continual growth, more than that of the industrialized giants. In my opinion, I like to see the developed countries growing their economies, eliminating poverty, providing health care, and security. However, for the industrialized countries, like the U.S., we need to make sure that these countries can maintain a stable economy, find problems, and reform.