1945

The international economic environment has been deteriorating

image of The international economic environment has been deteriorating

The world economic situation will be less favourable over the coming years, with global GDP growth rates below the averages for previous decades. This is due to the weakening of the engines of growth (investment, productivity and, more recently, trade), mainly in the developed countries. Although emerging economies, particularly China, have managed to sustain high growth rates, they have not been able to pick up the baton to become the leaders of global growth.

Related Subject(s): Economic and Social Development
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