www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

World Bank expects global economy to pick up growth in 2017

Xinhua | Updated: 2017-01-11 09:58

WASHINGTON - World Bank on Tuesday said in its latest report that the global economy is expected to see moderate recovery in the coming years, with growth rate in 2017 and 2018 separately at 2.7 percent and 2.9 percent.

The growth rate in 2017 was faster than estimated 2.3 percent growth in 2016, but 0.1 percentage point lower than its forecast made in June 2016, said the World Bank in its latest flagship Global Economic Prospects report.

The Washington-based lender attributed the slight acceleration in growth to the improvements in emerging market and developing economies, as they are expected to see receding headwinds, especially the strengthened commodity prices.

It expected the emerging market and developing economies to grow 4.2 percent in 2017 and 4.6 percent in 2018, a pickup from 3.4 percent in 2016.

These economies are forecast to contribute 1.6 percentage points to global growth in 2017, accounting for about 60 percent of global growth for the first time since 2013.

The World Bank kept its forecast for China's economic growth unchanged, with the growth for 2017 at 6.5 percent and for 2018 at 6.3 percent. Chinese economy will continue sustainable growth as it is rebalancing from manufacturing to services, despite the reemerging concerns for property markets, said the bank.

In contrast to the relatively buoyant growth seen in the emerging market economies, the advanced economies will continue modest growth in the coming years.

"Advanced economies continue to be afflicted by weak underlying growth and low inflation, while uncertainty about future policy direction increased," said the World Bank. It forecast the advanced economies to grow 1.8 percent both in 2017 and 2018, slightly up from 1.6 percent in 2016.

The US economy is expected to grow 2.2 percent in 2017 and 2.1 percent in 2018. But the bank added that US policies will likely undergo changes under the new US administration, which could have significant implications for both the US and global economy.

According to the Bank's estimation, if the new administration's tax cut proposals are fully implemented, these measures could raise US GDP growth forecasts to 2.2-2.5 percent in 2017 and 2.5-2.9 percent in 2018, without consideration of additional policy changes by the new administration.

However, it also warned that heightened uncertainty about potential policy initiatives could set back already-weak global investment.

"There is substantial uncertainty around baseline projections for global growth, where downside risks still dominate," said the World Bank. Policy uncertainty has been heightened following the electoral outcomes in the US and UK, it said.

Policy uncertainty, together with financial market disruptions amid tighter global financing conditions, may be amplified over the medium term by mounting protectionist tendencies, slower potential growth and lingering vulnerabilities in some emerging market economies, said the bank.

It called on advanced economies to introduce more supportive fiscal policies, and suggested emerging markets to find an appropriate balance between fiscal adjustment, measures to reduce vulnerabilities, and growth-oriented reforms.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 国产精品成人免费 | 九九亚洲视频 | 日本三级香港三级人妇99视 | 一级片在线观看视频 | 国产性做久久久久久 | 13一14周岁毛片免费 | 99久久精品国产自免费 | 男女视频免费 | 大尺度福利视频奶水在线 | 91精品欧美成人 | 特级一级毛片视频免费观看 | 久久狠狠躁免费观看2020 | 国产手机看片 | 加勒比综合网 | 在线观看黄网 | 成人毛片手机版免费看 | 亚洲第一成年网站大全亚洲 | 日韩毛片久久91 | 日韩精品免费一区二区 | 欧美一级毛片生活片 | 操操操网 | 国产精品美女一区二区三区 | 国产精品拍自在线观看 | 国产成人在线播放视频 | 欧美经典成人在观看线视频 | 亚洲精品男人天堂 | 国产精品网站 夜色 | 欧美一级毛片香蕉网 | 成人国产网站v片免费观看 成人国产午夜在线视频 | 99re6热视频精品免费观看 | 日本不卡一区二区三区在线观看 | 成人免费网站视频www | 亚洲热视频 | 国产免费一区二区三区在线观看 | 亚洲国产精品久久精品成人 | 男人在线网址 | 在线播放国产真实女同事 | 亚洲图片偷拍区 | 久久亚洲不卡一区二区 | 香港免费毛片 | 美女三级在线 |