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: Summer 2007
World Outlook: Global Economic Trends and Prospects: Summer 2007
Global Economic Analysis
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- The world economy will expand by 3.3 per cent in 2007.
- Slower growth in the U.S. economy will be offset by surging growth in some emerging countries as well as by the ongoing economic recovery in Japan and Europe.
- World growth will be restrained by rising interest rates in a number of key countries as central banks attempt to control inflation.
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