annual report

Global economic expansion slowed in the second half of 2018 following two years of strong performance, tariff increases between the United and a rise in policy uncertainty in many of the leading economies. Global growth reached 3.8 per cent in second half of the year. In the advanced economies, well as policy uncertainty in many…

The global economy strengthened in 2017, reaching a growth rate of 3.8 per cent, largely on account of an expansion in global trade. This recovery was led by increased investment in advanced economies, strong growth in emerging Europe and emerging Asia, as well as renewed growth in many commodity exporting countries. In many emerging markets and developing countries growth was largely…

The year 2016 was generally marked by subdued global growth and towards the end by uncertainty in the global economy, brought on in particular by the outcome of the US elections and the United Kingdom’s decision to exit the European Union. While it was largely felt that the risks of global recession had receded as…