World Outlook: Summer 2016
The Conference Board of Canada, 12 pages
July 18, 2016
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.
- The world economy will expand by a tepid 2.4 per cent this year and 2.8 per cent in 2017.
- The U.K. economy will likely slip into recession following the victory by the “leave” side in the recent referendum.
- The Brexit shouldn’t have a significant effect on the U.S. economy.