Russia Economic Report, May 2018 : Modest Growth Ahead
Global growth continued its 2017 momentum in early 2018. Global growth reached a stronger than- expected 3 percent in 2017 — a notable recovery from a post-crisis low of 2.4 percent in 2016. It is currently expected to peak at 3.1 percent in 2018....
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/221891529097400830/Modest-growth-ahead http://hdl.handle.net/10986/29913 |
| Summary: | Global growth continued its 2017
momentum in early 2018. Global growth reached a stronger
than- expected 3 percent in 2017 — a notable recovery from a
post-crisis low of 2.4 percent in 2016. It is currently
expected to peak at 3.1 percent in 2018. Recoveries in
investment, manufacturing, and trade continue as
commodity-exporting developing economies benefit from
firming commodity prices (Figure 1a). The improvement
reflects a broad-based recovery in advanced economies,
robust growth in commodity-importing Emerging Markets and
Developing Economies (EMDEs), and an ongoing rebound in
commodity exporters. Growth in China – and important trading
partner for Russia – is expected to continue its gradual
slowdown in 2018 following a stronger than-expected 6.9
percent in 2017. |
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