Sunday, April 21, 2013

The Economist - The wealthy economies are in for a tough year


Apr 18th 2013, 15:13 by Economist.com
Trending: Outlook for economic growth in the West is bleak, according to the IMF’s latest World Economic Outlook, released on April 16th. Worldwide output is expected to grow at just over 3% in 2013, but rich countries will lag behind, expanding at 1.2%. Growth in emerging markets, by contrast, will exceed 5%, with Asia and sub-Saharan Africa motoring along at 7% and 5.6% respectively. View chart on GDP growth forecasts for 2013 http://econ.st/Z6c8Bh
Trending: Outlook for economic growth in the West is bleak, according to the IMF’s latest World Economic Outlook, released on April 16th. Worldwide output is expected to grow at just over 3% in 2013, but rich countries will lag behind, expanding at 1.2%. Growth in emerging markets, by contrast, will exceed 5%, with Asia and sub-Saharan Africa motoring along at 7% and 5.6% respectively. View chart on GDP growth forecasts for 2013http://econ.st/Z6c8Bh

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