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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.

Type
Articles
Copyright
Copyright © 2009 National Institute of Economic and Social Research

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