World Outlook: Summer 2016

The Conference Board of Canada, 12 pages, July 18, 2016
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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 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.

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