World Outlook Economic Forecast: Summer 2018

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 global economy will expand in the 3.0 per cent range over the near term. Venezuela continues to drag down overall growth in Latin America. Growth in the U.S. economy is accelerating due to the huge fiscal stimulus.