World Economic Situation and Prospects (WESP) 2017

In 2016, the world economy expanded by just 2.2 per cent, the slowest rate of growth since the Great Recession of 2009. World gross product is forecast to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018. Given the close linkages between demand, investment, trade and productivity, the extended episode of weak global growth may prove self-perpetuating in the absence of concerted policy efforts to revive investment and foster a recovery in productivity. Access the complete report here: