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Monthly Briefing on the World Economic Situation and Prospects, No. 64

Monthly Briefing on the World Economic Situation and Prospects, No. 64
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Monthly Briefing on the World Economic Situation and Prospects, No. 64
Unit: Global Economic Monitoring Branch (GEMB)Theme: Global Macroeconomic ProspectsSustainable Development Goals: SDG #8: Decent work and economic growth

March 2014

Summary:

  • World economy is struggling to gain momentum
  • ?Emerging economies face policy dilemma in trying to?stabilize currencies
  • G20 meeting makes call for new measures to lift growth and create jobs
The global economy seems to have hit a speed bump in recent?months amid colder than expected weather in the United States of?America, a softening manufacturing sector in China and financial?turbulence in many emerging economies. High-frequency data on?industrial activity and trade suggest that the recovery of the world?economy is struggling to gain momentum. According to data from?the CPB Netherlands Bureau for Economic Policy Analysis, global?trade activity lost strength towards the end of 2013.

 

 

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