Economic Recovery May Grind to a Halt

LONDON - The global upturn could stall as governments turn off the money tap and consumer demand fails to recover - threatening a W-shaped recession. Robin Bew of the Economist Intelligence Unit points out that while data on production and inventories may look favourable, it may not be matched by equally rosy data on consumption. And as the effect of government stimulus packages wears off, economies will be exposed to market realities that could lead them to fall back again. He warns that if the private sector fails to sustain a recovery, governments will have to step in again.

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Source: Economist Intelligence Unit

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