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At a Glance…: The World Economy

Published online by Cambridge University Press:  01 January 2020

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Abstract

  • Following growth of 3.4 per cent each year in 2012–14, the world economy will grow by 3.2 per cent in 2015 and 3.8 per cent in 2016.

  • Growth has been slightly weaker than expected so far in 2015 and inflation remains well below target in almost all developed countries.

  • But deflation does not appear to be embedded and low oil prices, combined with accommodative monetary policies, should provide a boost to growth in most oil importing countries.

Type
Forecast Overview
Information
National Institute Economic Review , Volume 232 , May 2015 , pp. F2
Copyright
Copyright © 2015 National Institute of Economic and Social Research

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