Sharp decline of oil prices and renewed volatility in financial markets
Low inflation in Europe remains a concern
Diverging monetary policies in developed economies
Macroeconomic Analysis
Sharp appreciation of the U.S. dollar
Western European economy continues to struggle
Ebola takes severe tolls in West Africa
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
July 2014
Summary:
World trade continues sluggish recovery
?Oil prices soar amid political instability in Iraq
Disappointing first quarter for developed economies
Despite expectations
June 2014
Summary:
World economic growth is expected to accelerate?in 2014-2015
North American and European economies will experience a similar growth trajectory
?Developing economies face stronger c
The World Economic Situation and Prospects 2014 reports that the global economy is improving but remains vulnerable to new and old headwinds. Global economic growth is forecast to accelerate from a sluggish 2.1 per cent in 2013 to 3.0 per ce
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