Global growth to weaken to 2.6% in 2019, substantial risks seen; India seen rising to 7.5% – World Bank

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Global economic growth is forecast to ease to a weaker-than-expected 2.6% in 2019 before inching up to 2.7% in 2020, the World Bank said, adding that growth in emerging market and developing economies is expected to stabilize next year as some countries move past periods of financial strain, but economic momentum remains weak. Emerging and […]

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Global economy forecast to pick up after a lacklustre last year – IMF

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After a lacklustre outturn in 2016, economic activity is projected to pick up pace in 2017 and 2018, especially in emerging market and developing economies, the International Monetary Fund (IMF) said, but warned there is a wide dispersion of possible outcomes around the projections given uncertainty surrounding the policy stance of the incoming U.S. administration […]

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Global growth edges up to 2.7 percent despite weak investment – World Bank

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Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after a post-crisis low last year as obstacles to activity recede among emerging market and developing economy commodity exporters, while domestic demand remains solid among emerging and developing commodity importers, the World Bank said in a report. Growth in advanced economies is […]

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IMF sees subdued global growth, warns economic stagnation could fuel protectionist calls

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Global growth subpar at 3.1 percent in 2016, with slight increase to 3.4 percent next year Persistent stagnation in advanced economies could further fuel anti-trade sentiment, stifling growth Countries need to rely on all policy levers—monetary, fiscal and structural—to lift growth prospects Global economic growth will remain subdued this year following a slowdown in the […]

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Global economy needs policy overhaul to move beyond 6th straight year of sluggish growth – UNCTAD  

Getting the world economy back on track requires global leaders to use bolder macroeconomic policies, strengthened regulation of finance and active industrial policies, the United Nations Conference on Trade and Development (UNCTAD) said. It said in its annual Trade and Development Report that economic slowdown in the advanced economies is the biggest drag on global growth, […]

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World Bank revises 2016 global growth downwards to 2.4 percent

The World Bank has downgraded its 2016 global growth forecast to 2.4 percent from the 2.9 percent pace projected in January due to sluggish growth in advanced economies, stubbornly low commodity prices, weak global trade, and diminishing capital flows. According to the latest update of its Global Economic Prospects report, commodity-exporting emerging market and developing economies have […]

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