1945

Executive summary

image of Executive summary

The global economy slowed significantly in 2012, amid recession in Europe caused by financial, fiscal and competitiveness imbalances, especially in the eurozone, as well as the slowdown in China and moderate growth in the United States. Growth rates for output and global trade fell and capital flows to developing countries shrank and became more volatile.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
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