- Home
- Publications
- At A Glance…The World Economy
At a glance…The World Economy
External Authors
Kirby, S, Carreras,O, Warren, J, Meaning, J, Sanchez-Martinz, M
Related Themes
Macro-Economic Modelling and ForecastingJournal
National Institute Economic Review, No. 230
External Resources
Abstract:
-
Following growth of 3.1 per cent in 2013, the world economy will grow by 3.3 per cent in 2014 and 3.5 per cent in 2015.
-
The pace of recovery remains slow and uneven; much of the Euro Area in particular remains very depressed, and the policy response has so far been too little, too late.
-
Key risks include the normalisation of monetary policy in the US, and the associated financial market turbulence; and worsening deflationary pressures in the Euro Area exacerbated by policy gridlock.
Related Blog Posts
What is the Current State of the UK Economy?
Paula Bejarano Carbo
Stephen Millard
26 Feb 2024
7 min read
CPI Inflation Rose in December 2023, But is Likely to Fall Below 3 per cent by May
Huw Dixon
17 Jan 2024
7 min read
Related Projects
Related News
Why it’s not worth worrying that the UK has technically entered a recession
26 Feb 2024
4 min read
1.2 million UK Households Insolvent This Year as a Direct Result of Higher Mortgage Repayments
22 Jun 2023
2 min read
The Key Steps to Ensuring Normal Service is Quickly Resumed in the Economy
13 Feb 2023
4 min read
Related Publications
UK Economy on the Road to Recovery in 2024 Following the Mild Recession
13 Mar 2024
GDP Trackers