World Outlook: Winter 2014

The Conference Board of Canada, 16 pages, January 2014
Report by Kip Beckman
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This quarterly examination of the short-term economic outlook for the world's major economies also contains an in-depth analysis of a number of issues that are relevant for understanding world economic trends and developments.

Document Highlights

  • The world economy is expected to expand by 3 per cent this year following a gain of just 2.4 per cent last year.
  • A solid recovery in the U.S. economy and the end of the recession in the eurozone are the main factors behind the rebound in global activity.
  • The main risks to the global outlook revolve around the Fed's handling of its plan to taper bond purchases this year.

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