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At a Glance …
The world economy
Published online by Cambridge University Press: 26 March 2020
Abstract
After falling by 1.5 per cent in 2009, world GDP will grow by 2.9 per cent in 2010.
The recovery will be driven by emerging economies led by China, whose GDP will expand by 9.2 per cent next year.
The Japanese economy will recover by 0.7 per cent in 2010 after shrinking by 7 per cent this year.
The Euro Area will grow by just 0.3 per cent in 2010 after declining by 4.7 per cent this year.
The US economy will expand by 0.6 per cent next year after contracting by 3.2 per cent in 2009.
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- Copyright © 2009 National Institute of Economic and Social Research