Hostname: page-component-cd9895bd7-p9bg8 Total loading time: 0 Render date: 2024-12-25T03:15:08.463Z Has data issue: false hasContentIssue false

At A Glance…: The world economy

Published online by Cambridge University Press:  26 March 2020

Abstract

• Global growth will remain rapid over the next two years, with world GDP rising by 4.8 per cent in 2006 and 4.5 per cent in 2007.

• China's growing weight in the global economy is a key reason why interest rates have been unusually low.

• The US economy will grow by 3.3 per cent this year and 2.9 per cent in 2007.

• Japan will expand by 2.9 per cent in 2006 and 2.3 per cent next year.

• The Euro Area will grow by 2.1 per cent this year and 2.0 per cent in 2007.

Type
Other
Copyright
Copyright © 2006 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)