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: Winter 2006
World Outlook: Global Economic Trends and Prospects: Winter 2006
Global Economic Analysis
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- World economic activity will continue to expand in 2006 because of strong growth in the United States and China as well as the ongoing rebound in Japanese economic growth.
- Structural problems in German, French and Italian labour markets will once again restrain economic growth in Europe this year.
- The world economy will benefit from the fact that the U.S. Federal Reserve is close to ending its series of consecutive interest rate increases that began in the spring of 2004.
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