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At a Glance …: The World Economy

Published online by Cambridge University Press:  26 March 2020

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Abstract

  • The world economy will grow by 3.3 this year, and by 3.7 per cent in 2014: still below trend.

  • In the developed world, divergence continues; the US will grow just over 2 per cent in each year, while the Euro Area remains in recession and will grow only about I per cent next year.

  • Unemployment remains very high in most countries, and at depression-era rates in some peripheral Euro Area countries.

Type
Forecast Overview
Information
National Institute Economic Review , Volume 224 , May 2013 , pp. F2
Copyright
Copyright © 2013 National Institute of Economic and Social Research

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