Wood Mackenzie's annual GDP outlook for the world has been downgraded from 2.6% to 2.5% for this year. Deepening recession in Europe and weaker growth in Japan underpins most of this revision. Elsewhere the major economies are unchanged. The US is set for another year of modest growth - forecast at just 2.1%, while we continue to expect China to accelerate to annual GDP growth of 8.4%. In this Insight we summarise the key structural changes in the world's major economies over the next 20,
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This Macroeconomics and Global Trends Insight report presents our research on this key topic, and draws out the implications for economies and commodity markets.
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Insight | Mar 2013
Q1 2013 Macroeconomics Update: Long term economic growth - rising stars vs falling asteroids
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