At a Glance… The World Economy

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National Institute Economic Review, 2014, vol. 229, issue 1, F2-F2

Abstract: Following growth of 3.1 per cent in 2013, the world economy will grow by 3.5 per cent in 2014 and 3.7 per cent in 2015. The pace of recovery remains slow and uneven; much of the Euro Area in particular remains very depressed. Key risks include deflationary pressures in the Euro area; the Chinese financial system; and the conflicting pressures on monetary policy from very buoyant financial markets and relatively weak real activity.

Date: 2014
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