The world economy is expanding at a more moderate pace with growth momentum continuing to shift from emerging to advanced economies. World GDP will increase by 3.3 per cent this year – even some-what less than the already modest growth in the recent past. For 2016 and 2017 we expect growth to...

During the first half of the year global growth remained sluggish. While activity in emerging economies stabilized, growth in advanced economies softened. Over the next two years, we expect the world economy to pick up pace gradually, although without turning into a strong synchronized global...

The world economy seems to have stabilized in the first months of the year. The underlying growth dynamics, however, remain weak although we expect growth to accelerate somewhat going forward. This year, global output (at PPP exchange rates) will expand by 3.1 percent, which is close to last...

The global economy remained on track in the first months of 2021, despite surging covid-19 infections and renewed containment measures in many countries. The impact of the pandemic was largely confined to the service sectors. Meanwhile, the pronounced upturn in industrial production and global...

The global economy continued to recover in the winter semester, despite the number of new infections with the coronavirus rising sharply and containment measures tightened again in many countries. Industrial production and world trade have already fully catched up with activity levels before the...

As a result of the Covid-19 pandemic, global economic activity is expected to have fallen by almost 10 percent in the first half of 2020. However, the low point seems to have been passed in the meantime, and in China the economy has even already made up a considerable part of the production...

Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...

Die Konjunktur im Euroraum ist im Sommerhalbjahr aufwärtsgerichtet und war bisher von den Folgen der Schuldenkrise nur geringfügig betroffen. Zu einer rapiden Verschlechterung der Finanzierungsbedingungen im Zuge der Finanzmarktturbulenzen scheint es nicht gekommen zu sein. Im übrigen...