Global growth has continued to soften this year subdued investment in emerging market and developing economies emdes is dampening potential growth prospects. The global economy is in a broad based cyclical recovery investment manufacturing and trade are on the rebound financing conditions are benign monetary policies are generally accommodative and the worst impacts of the recent commodity price collapse have begun to dissipate however the global. Washington january 9 2018 the world bank forecasts global economic growth to edge up to 31 percent in 2018 after a much stronger than expected 2017 as the recovery in investment manufacturing and trade continues and as commodity exporting developing economies benefit from firming commodity prices. Global economic prospects january 2018 sub saharan africa 139 production and a weaker dollar e spread between the parallel and official rates narrowed in. 128 ch ap te r 25 global economic prospects january 2018 manufacturing and services sectors robust private consumption was complemented by strong public
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