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 2011
World Outlook: Global Economic Trends and Prospects: Winter 2011
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- The world economy will expand by 3.4 per cent this year.
- The U.S. economy will avoid a double-dip recession due to strength in exports, healthy investment spending, and a rebound in household spending.
- The Asia-Pacific region will, once again, lead the world in economic growth.
- Most countries in Latin America continue to benefit from high commodity prices.
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