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At a Glance …

The World Economy

Published online by Cambridge University Press:  26 March 2020

Abstract

  • Over the next two years, the recovery will strengthen as global GDP rises by 3.6 and 3.9 per cent; world trade will increase by 9.9 and 6.9 per cent.

  • China will continue to grow at an extraordinarily fast rate, with GDP rising by 10.1 and 8.9 per cent in 2010 and 2011.

  • The recovery in the US — growth of 2.4 and 2.6 per cent — will outpace that of the Euro Area, where GDP will rise by 1.0 and 1.7 per cent.

  • Japan's national output will increase by a meagre 0.8 per cent this year, picking up to 1.8 per cent in 2011.

Type
Economic Overview
Copyright
Copyright © 2010 National Institute of Economic and Social Research

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