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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/10012061501
In the third quarter of 2020, the global economy rebounded strongly from the steep fall in output suffered in the first half of the year amid the covid-19 pandemic. Currently, the recovery is being slowed down by another wave of infections and policy measures to contain it, but on aggregate...
Persistent link: https://www.econbiz.de/10012392680
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/10012063536
The world economy is currently expanding strongly with upward momentum in almost every major economy. Global activity is set to expand by 3.8 percent, 0.1 percentage point above our September forecast and the strongest figure since 2011. We have also slightly revised up, to 3.9 percent, our...
Persistent link: https://www.econbiz.de/10012060682
policy stimulus, while a competitive valuation of currencies supports growth in Europe and Japan. In the emerging countries …
Persistent link: https://www.econbiz.de/10012060791
World economic growth has picked up from the sluggish pace registered at the start of the year. We expect global growth at PPP exchange rates to accelerate to 3.5 and 3.6 percent in 2017 and 2018, respectively, up from 3.1 percent this year. Growth in advanced economies will continue at a...
Persistent link: https://www.econbiz.de/10012061456
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/10012061563
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/10012061611
At the start of 2018 the global economy is in full swing. On a PPP-basis growth in 2017 was 3.9 percent, the highest rate since 2011. While leading indicators point to still robust growth in early 2018, sentiment has recently been negatively affected by increasing uncertainty about the pace of...
Persistent link: https://www.econbiz.de/10012063391
The world economy has lost momentum in the beginning of this year, although partly due to special factors. We have reduced our forecast for global growth in both 2018 and 2019 by 0.2 percentage points. In the advanced economies capacity utilization will continue to increase, supporting an...
Persistent link: https://www.econbiz.de/10012060566