SHORT HILLS, NJ—China is driving the global economic growth cycle but is facing a day of reckoning because of its liberal use of credit, according to Julia Coronado, president and founder of MacroPolicy Perspectives, an economic research consulting firm. Coronado was the keynote speaker recently at a conference hosted by the Rutgers Center for Real Estate.
“China is in the driver's seat. Just from a pure accounting standpoint, the magnitude of the economy and the level of growth accounts for more than half of growth directly, and then indirectly through its impact on commodities prices and emerging markets, that is the driver,” she said to about 250 commercial real estate market participants at the conference at the Short Hills Hilton.
Coronado's firm analyzes the US economy from a global perspective with a focus on financial market linkages and demographic realities. She is an executive in residence and a blogger for Rutgers Center for Real Estate and a regular commentator on Marketplace.
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Steve Lubetkin
Steve Lubetkin is the New Jersey and Philadelphia editor for GlobeSt.com. He is currently filling in covering Chicago and Midwest markets until a new permanent editor is named. He previously filled in covering Atlanta. Steve’s journalism background includes print and broadcast reporting for NJ news organizations. His audio and video work for GlobeSt.com has been honored by the Garden State Journalists Association, and he has also been recognized for video by the New Jersey Chapter of the Society of Professional Journalists. He has produced audio podcasts on CRE topics for the NAR Commercial Division and the CCIM Institute. Steve has also served (from August 2017 to March 2018) as national broadcast news correspondent for CEOReport.com, a news website focused on practical advice for senior executives in small- and medium-sized companies. Steve also reports on-camera and covers conferences for NJSpotlight.com, a public policy news coverage website focused on New Jersey government and industry; and for clients of StateBroadcastNews.com, a division of The Lubetkin Media Companies LLC. Steve has been the computer columnist for the Jewish Community Voice of Southern New Jersey, since 1996. Steve is co-author, with Toronto-based podcasting pioneer Donna Papacosta, of the book, The Business of Podcasting: How to Take Your Podcasting Passion from the Personal to the Professional. You can email Steve at [email protected].
