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At as Glance …

The world economy

Published online by Cambridge University Press:  26 March 2020

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Abstract

  • • Global GDP will rise by 5.0 per cent in 2007 and by 4.8 per cent in 2008.

  • • Chinese GDP growth will remain around 10 per cent a year in 2007 ard 2008.

  • • The US economy will expand by 2.6 per cent a year in 2007 and 2008.

  • • The Euro Area will grow by 2.5 per cent in 2007 and 2.3 per cent in 2008; consumer-price inflation will be fall to 1.8

  • • The Euro Area fiscal deficit will narrow to 1.2 per cent of GDP in 2007, down from 3.1 per cent in 2003.

  • • Japan will grow by 2.3 per cent in 2007 and 2.4 per cent in 2008.

  • • Housing investment growth propects are a risk to this forecast, with Spain and the US being the most vulnerable.

Type
Articles
Information
National Institute Economic Review , Volume 200 , 01 April 2007 , pp. 2 - 3
Copyright
Copyright © 2007 National Institute of Economic and Social Research

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