However, a self-sustaining recovery in domestic demand is unlikely to gain momentum for some time, since production is expected to be virtually unchanged for the time being while downward pressures such as excessive labor input and debt persist.
What might be the impact on the regional and global balance of power? One important aspect in this context are the huge internal imbalances in the leading Asian emerging economies. These imbalances may absorb much of the political capacities in order to contain potential regional and social tensions and conflicts. 2.