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A Global Perspective On The Shopping Center Industry
A Global Perspective On The Shopping Center Industry
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The landscape of the global economy has shifted dramatically since the onset of the “Great Recession.” As the mature economies of Western Europe and North America try to find a new formula for long term growth where unemployment and the specter of near and long-term austerity measures is dampening the strength of the global economic recovery, emerging markets in Asia, Latin America and Eastern Europe are in expansion mode, serving as the world’s growth engine and giving rise to new levels of wealth, development and influence on the global economic stage.
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