Hostname: page-component-848d4c4894-8kt4b Total loading time: 0 Render date: 2024-06-16T16:13:40.124Z Has data issue: false hasContentIssue false
  • English
  • Français

At a Glance…

The world economy

Published online by Cambridge University Press:  26 March 2020

Get access Rights & Permissions [Opens in a new window]

Abstract

• Global growth prospects remain robust, with world GDP rising by 4.3 per cent in 2005 and 4.2 percent in 2006.

• We now expect oil prices to stay at around $48 a barrel for the rest of the decade, which will dampen global output growth.

• The burgeoning US current account deficit is increasing the risk of a further downward lurch in the dollar.

• Inflation in the US will accelerate to 3.8 per cent in 2006.

• Growth in the Euro Area will slow to 1.6 per cent in 2005.

• Japan will grow by only 0.9 per cent in 2005.

Type
Articles
Information
National Institute Economic Review , Volume 192 , April 2005 , pp. 2 - 3
Copyright
Copyright © 2005 National Institute of Economic and Social Research

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)