World trade expanded strongly in late 2010 and early 2011. The upswing in the world economy is thus continuing. It is driven, above all, by buoyant economic activity in the Asian emerging economies, where exports, investment, and consumer demand are growing vigorously. Economic activity in the...

Since autumn 2009, the world economy has been recovering from the deep recession thanks to the strong stimulus of expansionary fiscal and monetary policies. This year it will grow by 4 percent in real terms (2009: 1 percent). However, the pace of the recovery differs substantially between...

Against the background of the dramatic aggravation of the financial crisis the world economy is in a downturn. After four years of strong economic growth the economy already cooled down in 2007. World trade has expanded only marginally in recent months. A further weakening in 2009 is already...

The world economy continues to expand at a vigorous rate for the fifth year in a row, with real output growth exceeding 5 percent. Downside risks to global economic activity have increased mainly because of the aggravation of the real estate crisis in the USA, where real estate prices have been...