1945

Executive summary

Not only did the world economy strengthened in 2017, it appeared poised to maintain a trajectory of growth through 2018. Global gross domestic product (GDP) growth reached 3.1 per cent compared to 2.5 per cent in 2016. This global growth was driven by the rebound in worldwide trade dynamics, a strong investment initiative and improved labour market conditions in the world’s major economies. Developing countries were also a driving factor in the global economic uptick, propelled by robust domestic consumption and increased infrastructure investment.

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