IDEAS home Printed from https://ideas.repec.org/a/sae/niesru/v220y2012i1pf2-f2.html
   My bibliography  Save this article

At a Glance … The World Economy

Author

Listed:
  • N/A

Abstract

Our baseline forecast is for global growth of 3.7 per cent in 2012. Growth will accelerate to 4 per cent in 2013. These forecasts are little changed from our previous forecast. As in our previous forecast, we assume a delayed but ultimately successful resolution of the Euro Area crisis. Nevertheless, we expect a mild recession in the Euro Area as a whole, as well as in the UK. Downside risks to the Euro Area remain high. Fiscal austerity will weigh on growth in the short term, while medium to long term structural problems remain unresolved. We forecast growth of about 2 per cent in the US this year, while China and India, although slowing, will continue to drive world growth.

Suggested Citation

  • N/A, 2012. "At a Glance … The World Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 220(1), pages 2-2, April.
    • Handle: RePEc:sae:niesru:v:220:y:2012:i:1:p:f2-f2
    as

    Download full text from publisher

    File URL: http://ner.sagepub.com/content/220/1/F2.abstract
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mogens Dilling-Hansen & Valdemar Smith, 2015. "R&D, export and productivity in business services firms: testing the Bustos model," Applied Economics Letters, Taylor & Francis Journals, vol. 22(16), pages 1309-1314, November.
    2. Mogens Dilling-Hansen & Valdemar Smith, 2014. "R&D, export and productivity: testing the Bustos model on Danish data," Applied Economics Letters, Taylor & Francis Journals, vol. 21(11), pages 733-737, July.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:niesru:v:220:y:2012:i:1:p:f2-f2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: https://edirc.repec.org/data/niesruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.