Hostname: page-component-848d4c4894-ttngx Total loading time: 0 Render date: 2024-06-01T13:24:03.883Z Has data issue: false hasContentIssue false
  • English
  • Français

At as Glance …

The world economy

Published online by Cambridge University Press:  26 March 2020

Get access Rights & Permissions [Opens in a new window]

Abstract

  • • Global GDP will rise by 5.0 per cent in 2007 and by 4.8 per cent in 2008.

  • • Chinese GDP growth will remain around 10 per cent a year in 2007 ard 2008.

  • • The US economy will expand by 2.6 per cent a year in 2007 and 2008.

  • • The Euro Area will grow by 2.5 per cent in 2007 and 2.3 per cent in 2008; consumer-price inflation will be fall to 1.8

  • • The Euro Area fiscal deficit will narrow to 1.2 per cent of GDP in 2007, down from 3.1 per cent in 2003.

  • • Japan will grow by 2.3 per cent in 2007 and 2.4 per cent in 2008.

  • • Housing investment growth propects are a risk to this forecast, with Spain and the US being the most vulnerable.

Type
Articles
Information
National Institute Economic Review , Volume 200 , 01 April 2007 , pp. 2 - 3
Copyright
Copyright © 2007 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)