1945

The external sector

Growth in the global economy fell slightly from 2.7% in 2011 to 2.2% in 2012. The main reason was the recession in a number of eurozone countries and its consequences for Asia and Latin America, which grew less briskly than they had in 2011, albeit still faster than the global economy as a whole. Although there were improvements in the United States and Japanese economies, these were not enough to offset the slackening performance in Europe.

Related Subject(s): Economic and Social Development
Sustainable Development Goals:
/content/books/9789210560108c002
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