在新世纪,北美和欧洲将再次成为全球繁荣和稳定的靠山,而世界的其余国家则将在经济不稳定中苦苦挣扎。的确,1999年可能使经济增长速度减慢。但是美国和欧洲都令我们感到惊讶。美国可能已经确立了经济增长的新模式。连续取得的技术突破加剧了生产率的提高。持续保持低通货膨胀率和低失业增长,是对古典商业周期的公然挑战。在大西洋的那一侧,欧洲正在发生同样的变化:制造业在衰退,而 In the new century, North America and Europe will again become the backdrops for global prosperity and stability, while the rest of the world will struggle in the midst of economic instability. Indeed, 1999 may slow economic growth. But both the United States and Europe surprised us. The United States may have established a new model of economic growth. Continued technological breakthroughs have exacerbated productivity gains. Sustained low inflation and low unemployment growth are flagrant challenges to the classical business cycle. On the Atlantic side, the same is happening in Europe: manufacturing is in recession