World Outlook: Summer 2014

The Conference Board of Canada, 16 pages, July 21, 2014
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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 global economy will expand by close to 3 per cent this year and 3.2 per cent in 2015.
  • After contracting in the first quarter, the U.S. economy will record solid growth in the second half of 2014.
  • A combination of declines in some commodity prices and higher interest rates will result in slightly weaker growth in many emerging markets.

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