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.
World Outlook: Global Economic Trends and Prospects: Spring 2007
World Outlook: Global Economic Trends and Prospects: Spring 2007
Global Economic Analysis
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- The world economy, which expanded by 3.9 per cent in 2006, is forecast to grow by 3.3 per cent this year.
- The ongoing difficulties in housing markets will lead to weaker growth in the U.S. economy this year.
- Strong demand in China will enable the Asia–Pacific region to survive U.S. slowdown relatively unscathed.
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