Global economic outlook expected to remain favourable next year


THE outlook for global economic performance is expected to remain favourable in 2017 and 2018 with growth emanating from advanced, and emerging market and developing economies (EMDEs). Growth in advanced economies is supported by an upturn in the US, eurozone and Japan, following improved investments and exports.

Growth in EMDEs has strengthened further, attributed to firming commodity prices, recovery in industrial activity, stabilising investment and improving confidence.

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Business , global , growth , exports , economic report

   

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