22.10.2012 - Persistent weakening of global growth weighs on global economy
We can now see clearly that there will be an overall slowdown in global growth from 2012-13 that can be explained by many contributory factors ? it is by no means only because of the eurozone crisis. While the International Monetary Fund until recently expected growth in global gross domestic product to come in at 3.9 percent in 2013 and 4.5 percent in 2014, global growth is in reality likely to remain between 2 and 2.5 percent for these two years. What factors can explain this prospect of weak global growth?..............................................Full Article: Source
Print