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: Summer 2014
World Outlook: Summer 2014
Global Economic Analysis
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- The global economy will expand by close to 3 per cent this year and 3.2 per cent in 2015.
- After contracting in the first quarter, the U.S. economy will record solid growth in the second half of 2014.
- A combination of declines in some commodity prices and higher interest rates will result in slightly weaker growth in many emerging markets.
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