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Global growth: optimism for 2017?
[Optimisme pour la croissance mondiale en 2017 ?]

Author

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  • Laurent Ferrara
  • Clément Marsilli

Abstract

According to the Banque de France nowcasting model, global economic growth is likely to increase moderately in 2017: it would expand by 3.3% after 3.0% in 2016. This is in line with the consensus of major international organizations. Since 2011, the International Monetary Fund (IMF) had to revise downwards its global growth projections, but the mid-January update of forecasts brings optimism for global growth this year. L’indicateur en temps réel de la Banque de France augure d’un léger rebond de la croissance mondiale passant de 3% en 2016 à 3,3% en 2017. Un consensus de plusieurs organisations internationales se dégage en ce sens. Contrairement aux révisions systématiques à la baisse observées depuis 2011, le Fonds Monétaire International a confirmé mi-janvier ce regain d’optimisme annoncé en octobre.

Suggested Citation

  • Laurent Ferrara & Clément Marsilli, 2017. "Global growth: optimism for 2017? [Optimisme pour la croissance mondiale en 2017 ?]," Eco Notepad (in progress) 08, Banque de France.
    • Handle: RePEc:bfr:econot:08
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    File URL: https://www.banque-france.fr/en/publications-and-statistics/publications/global-growth-optimism-2017
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    File URL: https://www.banque-france.fr/fr/publications-et-statistiques/publications/optimisme-pour-la-croissance-mondiale-en-2017
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