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Global economic growth is forecast to increase marginally over the next two years at 3.1 per cent in 2015 and 3.3 per cent in 2016, compared with an estimated growth of 2.6 per cent for 2014. An expected US interest rate increase, remaining euro area
Moderate global economic expansion in 2014, as post-crisis adjustments continued In 2015, developed economies to be led by a stronger U.S. economy, while downside risks remain significant in Japan and the euro area Developing economies to be led by East Asia, while several large emerging economies face internal and external challenges
Download the World Economic Situation and Prospects Monthly Briefing No. 73
December 2014 Summary ?? Further appreciation of the U.S. dollar
Japan registers technical recession during the third quarter
Lower
Sharp decline of oil prices and renewed volatility in financial markets
Low inflation in Europe remains a concern
Diverging monetary policies in developed economies
Sharp appreciation of the U.S. dollar
Western European economy continues to struggle
Ebola takes severe tolls in West Africa
The State of the Global Partnership for Development: In its latest report, the MDG Gap Task Force found much progress towards achieving the goals set under MDG 8.
Russian Federation and European Union economies affected by reciprocal economic sanctions
U.S. labour market situation presents challenge to setting monetary policy
Brazil falls into recession, while India expands faster than expected
August 2014
Summary: Global equity markets face potential policy shocks
?BRICS announce the creation of the?New Development Bank
?Argentina defaults on its sovereign debt Extr