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At A Glance…: The world economy

Published online by Cambridge University Press:  26 March 2020

Abstract

• Global growth will remain rapid over the next two years, with world GDP rising by 4.8 per cent in 2006 and 4.5 per cent in 2007.

• China's growing weight in the global economy is a key reason why interest rates have been unusually low.

• The US economy will grow by 3.3 per cent this year and 2.9 per cent in 2007.

• Japan will expand by 2.9 per cent in 2006 and 2.3 per cent next year.

• The Euro Area will grow by 2.1 per cent this year and 2.0 per cent in 2007.

Type
Other
Copyright
Copyright © 2006 National Institute of Economic and Social Research

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