Africas economic performance held firm in 2015, amid global headwinds and regional shocks. The global economy in 2016 grant thornton international. Nevertheless, downside risks predominate, including the possibility of a reescalation of global trade tensions, sharp downturns in major economies, and financial disruptions. Link global economic outlook 20152016 united nations. This raises questions about the short and longterm outlooks for britain, the future of the. Weak per capita income growth in regions where poverty levels and inequality remain high. Global growth has been frustratingly fragile, said joe davis, global chief economist for vanguard group. Data and research on economic outlooks, analysis and forecasts, including economic projections, economic outlooks, economic surveys, oecd forecasts during and after the financial crisis. In its latest world economic outlook, the imf said that it is revising its baseline outlook for 2016 global growth down by 0. The military government unveiled its newest economic initiative, thailand 4. While growth could be stronger if reduced trade tensions. Global economic outlook 2nd quarter 2016 as the first quarter comes to an end, the volatility appears to have abated, and asset prices have recovered somewhat, and. The united states economic outlook was described in my recent economic forecast 20162017.
The global economy is slowing down due to increased uncertainty as a result of trade. Emerging market equity indices are broadly trading at april levels, which reflects. World economic outlook international monetary fund. Global economic outlook 2nd quarter 2016 supply chain 24. World economic situation and prospects 2016 unctad. The conference board is a global, independent business membership and research association working in the public interest global economic outlook the conference board the conference board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. According to mofcom 2017, by 2016 and 2017, china was ranked second in. United nations department of economic and social affairs. For the rest of the current year and in 2020, growth levels in the netherlands will.
Download a free pdf of the report and data sets for each of the charts therein from the. While growth could be stronger if reduced trade tensions mitigate uncertainty, the. Global economic outlook introduction by ira kalish i n the summer of 2016, suddenly, there are new uncertainties concerning the global economy, not the least of which is the british referendum in which a majority voted to exit the european union. General features and composition of groups in the world economic outlook classification 206 table a. World economic situation and prospects 2020 the united nations. Global and domestic shocks in 2016 slowed the pace of growth in africa, but signs of recovery were already. Calculated from the imfs world economic outlook database, in the period. Classification by world economic outlook groups and their shares in aggregate gdp, exports of goods and services, and population, 2015 207 table b. Imf lowers global economic outlook after brexit vote. In 2016, global growth is projected to strengthen to 3.
Recent oecd analysis projects that global growth is set to slow from 3. Maurice obstfeld, the imf economic counsellor, said the agency had prepared to upgrade its global growth assessment before the socalled brexit vote, because of. Subdued investment will weigh on emde growth prospects. The world economic situation and prospects 2020 is a joint product of the united na. World economic situation and prospects 2018 the united nations. Weo has adopted the sixth edition of the balance of payments manual bpm6. African economic outlook 2018 african development bank. The world economic outlook weo is a survey by the imf staff published twice a. Brexit has worsened the outlook for global economic.