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At a Glance …

The World Economy

Published online by Cambridge University Press:  01 January 2020

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Abstract

  • Following growth of 3.4 per cent in 2014, the world economy will grow by 3.3 per cent in 2015 and 3.6 per cent in 2016.

  • Growth was weaker than expected in late 2014 and inflation has fallen further below target in almost all developed countries;

  • But a sustained lower oil price, if it does not exacerbate the threat of deflation, should provide a significant boost to growth in countries that are net oil importers and for the global economy.

Type
Forecast Overview
Information
National Institute Economic Review , Volume 231 , February 2015 , pp. F2
Copyright
Copyright © 2015 National Institute of Economic and Social Research

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