At a Glance … The world economy

2012 ◽  
Vol 222 ◽  
pp. F2-F2
Keyword(s):  
Euro Area ◽  
World Economy ◽  
List Type ◽  
Advanced Economies ◽  
The Us ◽  
The World ◽  
Depression Era ◽  
The Impact ◽  
India And China

World growth is expected to remain below trend at 3.1 per cent in 2012 and 3.4 per cent in 2013.The Euro Area is forecast to contract by 0.5 per cent this year and grow only marginally next year with unemployment reaching ‘depression-era’ rates in some periphery economies. The US is likely to grow by 2 per cent in each year.Growth in Brazil, Russia, India and China will be below long-term potential next year, although ‘hard-landings’ will be avoided; the impact on advanced economies will be offset by a large gain in competitiveness.Debt to GDP ratios in OECD countries will, on average, be higher in 2014 than at present.

At a Glance …: The World Economy

2013 ◽  
Vol 224 ◽  
pp. F2-F2
Keyword(s):  
Euro Area ◽  
World Economy ◽  
List Type ◽  
The Us ◽  
The World ◽  
Depression Era ◽  
Developed World ◽  
Very High

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.

At a Glance… The World Economy

2014 ◽  
Vol 228 ◽  
pp. F2-F2
Keyword(s):  
Euro Area ◽  
Global Economy ◽  
World Economy ◽  
List Type ◽  
Advanced Economies ◽  
The World ◽  
Growth Prospects ◽  
Ukraine Crisis ◽  
The Impact

Following growth of 3.1 per cent in 2013, the world economy is projected to expand by 3.6 per cent in 2014 and 3.9 per cent in 2015.Growth prospects have improved in most advanced economies, with the exception of Japan, although much of the Euro Area remains very depressed.Key risks include deflationary pressures in advanced economies, especially the Euro Area. Provided that it is contained, the impact of the Ukraine crisis on the global economy is likely to be small.

At a Glance …: The World Economy

2013 ◽  
Vol 225 ◽  
pp. F2-F2
Keyword(s):  
Interest Rates ◽  
World Economy ◽  
Emerging Market ◽  
Significant Rise ◽  
List Type ◽  
Slow Recovery ◽  
Term Trend ◽  
Advanced Economies ◽  
The World

The world economy will grow by 3.1 per cent this year, and by 3.6 per cent in 2014: still below longer-term trend.Growth has slowed in key emerging market economies, particularly China, while it remains relatively weak in most advanced economies.A significant rise in the volatility and level of global long-term interest rates is inconvenient for some countries and may slow recovery.

At a Glance…

2010 ◽  
Vol 212 ◽  
pp. F2-F2
Keyword(s):  
Euro Area ◽  
World Trade ◽  
World Economy ◽  
Chinese Economy ◽  
List Type ◽  
Us Economy ◽  
The Us ◽  
The World

The world economy will expand by 3.9 per cent in 2010 and 3.8 per cent in 2011.World trade will increase by 9.6 per cent this year and 5.7 per cent in 2011.The Chinese economy will grow by 9.8 per cent in 2010 and 9 per cent next year.Japanese GDP will expand by 2 per cent this year and 1.5 per cent in 2011.The US economy will grow by 2.9 per cent in 2010 and 2.7 per cent next year.The Euro Area will expand by 1.2 per cent this year and 1.8 per cent in 2011.

At a Glance…: The world economy

2015 ◽  
Vol 234 ◽  
pp. F2-F2
Keyword(s):  
Interest Rates ◽  
World Economy ◽  
Emerging Market ◽  
List Type ◽  
Monetary Policies ◽  
Advanced Economies ◽  
The Us ◽  
The World ◽  
Bank Of England ◽  
Global Growth

The world economy is expected to grow by 3.0 per cent in 2015, unchanged from our August forecast, and by 3.4 per cent in 2016, marginally weaker than projected last time. Growth in emerging market economies has weakened further; recoveries have remained hesitant in the advanced economies.The projected pickup in global growth next year will be supported by accommodative monetary policies and lower oil prices. Growth should strengthen further in 2017 as recoveries take hold in some key emerging markets. But considerable risks remain.We expect the US Federal Reserve to lead the turn in official interest rates in December, with the Bank of England following next February.

AT a Glance … The World Economy

2013 ◽  
Vol 223 ◽  
pp. F2-F2
Keyword(s):  
Interest Rates ◽  
Euro Area ◽  
World Trade ◽  
World Economy ◽  
List Type ◽  
The Us ◽  
The World

World growth remains below trend at 3.3 per cent in 2013 and 3.7 per cent in 2013, little changed from our previous forecast.World trade will only grow slightly faster, and again below trend.The Euro Area will grow only slightly next year, while Japan is forecast to grow by 1.4 per cent, the US by 2.4 per cent, and China by 7.3 per cent.Interest rates will remain extremely low by historical standards, and inflationary pressures will remain subdued.

At a Glance … The World Economy

2014 ◽  
Vol 227 ◽  
pp. F2-F2
Keyword(s):  
World Economy ◽  
Emerging Market ◽  
Emerging Market Economies ◽  
List Type ◽  
Unemployment Rates ◽  
High Unemployment ◽  
Advanced Economies ◽  
The Us ◽  
The World ◽  
Growth Prospects

World economy will grow by 3.7 per cent in 2014 and 2015; an improvement on the 3.1 per cent last year, but still a sluggish recovery by historical standards.Growth prospects have improved in advanced economies, particularly in the US, but have deteriorated in a number of emerging market economies.High unemployment rates coupled with moderate and uneven growth raises the spectre of unexpectedly low inflation. This could greatly complicate macroeconomic policymaking.

The World Economy

2005 ◽  
Vol 191 ◽  
pp. 8-30
Keyword(s):  
Euro Area ◽  
World Economy ◽  
Domestic Demand ◽  
Spare Capacity ◽  
Lower Growth ◽  
The Third ◽  
The Us ◽  
The World ◽  
Full Capacity ◽  
The Impact

Growth in the world economy slowed somewhat during 2004 as the US, China and Japan all approached full capacity, and the second and the third quarters of 2004 saw relatively lower growth in these economies. We anticipate that with well managed macroeconomic policies growth should slow as any economy reaches full capacity, but we do not see these developments as signs indicating a sustained and noticeable slowing of the world economy. We expect that world growth will slow from a peak of 4.5 per cent in 2004 to around 4 per cent in 2005 and 2006. Growth appears to be robust in Latin America and in the former Soviet Republics, and domestic demand appears to be strong in the majority of members of OPEC. Growth in the Euro Area slowed noticeably in the third quarter of 2004, partly as a result of the impact of the sharp rise in the oil price, which also affected growth in other regions, but there is mounting evidence that domestic demand is weak. Our estimates of the output gap in the US, the Euro Area, Japan and China suggest that there is only limited spare capacity available in the world economy, and that much of it is located in Europe. Given this, we anticipate that global inflationary pressures will not moderate and that OECD inflation will rise from less than 2 per cent in 2002 and 2003 to above 2 per cent in 2005 and 2006.

At a Glance …

2010 ◽  
Vol 213 ◽  
pp. F2-F2
Keyword(s):  
Euro Area ◽  
World Trade ◽  
World Economy ◽  
Chinese Economy ◽  
List Type ◽  
Us Economy ◽  
The Us ◽  
The World

The world economy will expand by 5.0 per cent in 2010 and 4.4 per cent in 2011.World trade will increase by 14.2 per cent this year and 8.8 per cent in 2011.The Chinese economy will grow by 11.6 per cent in 2010 and 8.3 per cent next year.Japanese GDP will expand by 3.3 per cent this year and 1.1 per cent in 2011.The US economy will grow by 3.1 per cent in 2010 and 3.0 per cent next year.The Euro Area will expand by 1.3 per cent this year and 1.8 per cent in 2011.

At a Glance…

2002 ◽  
Vol 180 ◽  
pp. 2-3
Keyword(s):  
North America ◽  
Interest Rates ◽  
Euro Area ◽  
World Trade ◽  
World Economy ◽  
Japanese Economy ◽  
Gdp Growth ◽  
List Type ◽  
The Us ◽  
The World

The world economy is starting to pick up speed again: by 2003, it will be growing by 3.7 per cent, with world trade expanding by 8.5 per cent a year.This will prompt rises in interest rates in North America and Europe.The US will grow by 2.4 per cent this year, double the rate of last year, rising to 3.5 per cent in 2003.Recovery in the euro area will be gradual, with GDP growth rising from 1.4 per cent in 2002 to 2.5 per cent in 2003.The Japanese economy will shrink by 1.2 per cent in 2002, and recovery in 2003 will be relatively modest, with GDP growth of 1.3 per cent.

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