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 2007
World Outlook: Global Economic Trends and Prospects: Winter 2007
Global Economic Analysis
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- The world economy will expand by 3.2 per cent in 2007 on the heels of a 3.8 per cent gain in 2006.
- Slower growth in the United States economy is the main factor behind the weaker outlook.
- Continued economic expansion in China, India and other major emerging countries will help blunt the impact on the world economy of weaker growth in the U.S., Europe and Japan.
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