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The recovery of the global economy from the Covid crisis came to an end in 2022 amid high energy prices and great uncertainty. While the energy crisis is easing, the effects of monetary policy, which was tightened rather late but then very quickly, are now increasingly weighing on growth. World...
Persistent link: https://www.econbiz.de/10014283975
A number of factors that contributed to the weakening of the global economy in the past year have recently improved significantly. Energy prices have reversed, the prospects for a steady expansion in China have improved with the abandonment of the zero-Covid policy, and supply bottlenecks have...
Persistent link: https://www.econbiz.de/10014423952
Wichtige Rahmenbedingungen, die für die Abschwächung der Weltkonjunktur im vergangenen Jahr wesentlich verantwortlich waren, haben sich zuletzt deutlich verbessert. So sind die Energiepreise wieder gesunken, in China haben sich mit der Abkehr von der Null-Covid-Politik die Aussichten auf eine...
Persistent link: https://www.econbiz.de/10014423984
World economic growth is expected to strengthen gradually over the coming two years. World output is expected to rise by 3.7 and 3.9 percent in 2015 and 2016, respectively, following an increase of 3.4 percent in the current year. Growth is projected to accelerate predominantly in the advanced...
Persistent link: https://www.econbiz.de/10012143276
Following a weak start into 2015, the global economy is expected to pick up again in the course of this year. Average annual world output growth will nevertheless remain sluggish at 3.4 percent on a purchasing power parity weighted basis, before accelerating modestly to 3.8 percent next year....
Persistent link: https://www.econbiz.de/10012143278
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...
Persistent link: https://www.econbiz.de/10012143280
Global growth slowed in 2015. While we forecast the world economy to gradually gain momentum over the coming two years, the upturn is expected to be slow. PPP-weighted global GDP is expected to increase by 3.1 per cent this year followed by 3.4 and 3.8 per cent in 2016 and 2017, respectively....
Persistent link: https://www.econbiz.de/10012143283
Global growth has slowed down recently. While the world economy should gradually regain pace over the coming quarters, overall growth momentum is expected to remain subdued. The recent drop in oil prices has not improved the outlook as it to a substantial degree signals weaker demand;...
Persistent link: https://www.econbiz.de/10012143285
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...
Persistent link: https://www.econbiz.de/10012143288
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...
Persistent link: https://www.econbiz.de/10012143290