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: Spring 2015
World Outlook: Spring 2015
Global Economic Analysis
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- The world economy will expand by close to 3 per cent this year and 3.2 per cent in 2016.
- Most of the world’s largest economies are net importers of oil and will therefore benefit from the tumble in world oil prices over the past nine months.
- Greece will likely remain in the eurozone because the costs of a Grexit are even worse than the status quo.
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