In Moody’s “calculated” that inhibits the growth of the world economy

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В Moodyʼs "вычислили", что сдерживает рост мировой экономики

Weak economic growth in emerging markets, due to low commodity prices and weak export demand, will continue to restrain global economic growth this year. This is stated in the review Moody’s.

The international rating Agency said it has downgraded growth forecasts for 2016 in Argentina, Brazil, Mexico and Turkey amid increasing structural and political problems caused by the decline in external demand and commodity prices. As expected, the growth in emerging markets will amount to 4.2% in 2016 compared with 4.4 percent in 2015, reports RIA “Novosti”.

“The global economic recovery has slowed, and the forecast for different countries remains fragile and in many ways weaker than in the previous two decades. World trade has remained subdued, while shocks in emerging and financial markets has increased significantly”, — emphasized in the review.

Thus in Moody’s indicated that the Chinese economy, the second largest in the world, is currently one of the biggest risks for the world economy, said. In 2016 it will gradually slow down from 6.9% in 2015 approximately to 6.3%.

As previously noted, in may the UN experts, a period of weak global growth delayed, “with no serious prospects of improvement”. The growth of the global WFP will remain at the level of 2.4%. This is half a percent lower than predicted last year.

The experts ‘ report indicated that low aggregate demand in developed countries and low commodity prices have a negative impact on the economies of the countries-exporters of raw materials, including some CIS States.

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