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: Autumn 2016
World Outlook: Autumn 2016
Global Economic Analysis
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- Growth in the world economy has been restrained by weakness in Japan, Europe, and emerging markets, such as Brazil.
- The U.S. economy will expand by 2.3 per cent next year and this will offset somewhat sluggish growth in other parts of the world.
- OPEC’s recent agreement on production cuts won’t boost oil prices much above the $50 per barrel mark over the near term.
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