The rise in world economies we experienced in 2010 was a relief for the world economy, and in 2011 the growth will continue to become evident. Of course, not at the desired speed or security expected, but is growing at last.
All this according to predictions by the World Bank, Which according to his calculations estimated that the growth of PBI of all world economies will be in the order of 3.3%, about six percent less than that recorded for 2010.
It noted that developing countries will star in the middle of world growth during 2011 and 2012, with its planned expansion in the order of 6%, Somewhat less than the 7% registered in 2010.
Thus, 2011 will be growth, but it will be relatively stagnant in the previous year, and recover the pace recently as 2012, when it will grow 3.6%.
G7, IMF and World Bank:
There are few organization power over the financial systems in the world, and three of them met today to discuss the state of global economy in recent times and also comment on what they believe are the future prospects for the world as a whole.
Both World Bank as International Monetary Fund agree that the world economy is now in the process of recovery from credit market crisis recently, but said they still needed ‘Strong vigilance’ of market conditions.
For his part, G7 has urged today China to allow its currency (the yuan) It’s appreciated more quickly than it has been doing in recent months. China for its part, says that the slowness with which it is taking steps to “preserve stability”.
Global growth to speak IMF and BM is based on China, India and Brazil, While the Chinese current account surplus (which generates much of that growth) appears to be increasingly concerned about the leaders of the world. No doubt there are some unresolved imbalances in the global economy.
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