Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook.
The pickup in global growth anticipated in the April World Economic Outlookremains on track, with global output projected to grow by 3.5 percent in 2017 and 3.6 percent in 2018.
Ecnomic Outlook Shifting
The western hemisphere will affect the world outlook as a tale of two adjustments.
Recovery underway in Europe
Africa Groth engine starting to rev up.