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 2010
World Outlook: Global Economic Trends and Prospects: Winter 2010
Global Economic Analysis
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- The world economy will expand by 2.9 per cent this year following 2009’s slump.
- The Asia-Pacific region will lead the world in economic growth in 2010.
- The U.K., Spain, and Ireland will record below-average growth due to the lingering effects of housing meltdowns.
- Tepid growth in household spending will restrain U.S. economic growth.
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