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PostWysłany: Czw Cze 20, 2019 05:49    Temat postu: Women's Nike VaporMax Moc Flyknit Triple Black Odpowiedz z cytatem

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UNITED NATIONS, Dec. 10 (Xinhua) -- Global economic growth is forecast to increase marginally over the next two years, but mounting uncertainties could undermine the growth, said a UN report launched Wednesday.


The World Economic Situation and Prospects 2015 report, with its first chapter unveiled, said compared with a lower-than- expected growth of world gross product (WGP) at 2.6 percent in 2014 Men's Nike Vapormax Flyknit 2018 Red UK Sale , the global economy is expected to strengthen in the following two years, with WGP projected to grow by 3.1 and 3.3 percent in 2015 and 2016 respectively.


Noting that the prolonged recovery process from the global financial crisis was still saddled with unfinished post-crisis adjustments, the report foresees that East Asia, which remains the world's fastest-growing region, is projected to see stable growth of 6.1 percent in 2015 and 6 percent in 2016.


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According to Pingfan Hong, director of the Development and Policy Analysis Division for the UN Department of Economic and Social Affairs, China's economic growth is likely to slow slightly to 7 percent in the following two years.


As the report also pointed out, policy-makers in China have taken growth of 7-7.5 percent as the new normal for the country's economy, compared with the average growth of 10 percent that China had witnessed in the previous three decades.


"In the baseline outlook, developing countries as a group are expected to grow at 4.8 and 5.1 percent in 2015 and 2016 Men's Nike Vapormax KPU TPU All Black UK Sale , respectively, up from the 4.3 percent estimated for 2014," said the report.


For developed countries, further improvement is expected, with growth projected to be 2.1 and 2.3 percent for 2015 and 2016, respectively Women's Nike VaporMax Moc Flyknit Triple Black Anthracite UK Sale , compared with the 1.6 percent estimated for 2014.


In the past year, among the developed economies, the growth picture remains diverse.


While the U.S. has maintained an annual growth rate above 2 percent, the economic situation in Europe has been precarious, particularly in the euro area, where growth is exceptionally weak Men's Nike Vapormax KPU TPU Black UK Sale , with some countries close to or already in recession.


Meanwhile, in Japan, momentum generated by the fiscal stimulus package and monetary easing introduced in 2013 has receded.


While some economic indicators are positive and moving in the right direction which points to the potential for a gradual return to consistent economic growth, Hong said, "many risks and uncertainties could dash efforts to get the global economy on track and moving forward."


The report warned that the forthcoming further normalization of the U.S. Federal Reserve's monetary policy holds significant risks and uncertainties for the global economic outlook, depending on the timing and strategy of the monetary tightening Men's Nike Vapormax Flyknit 2018 Black UK Sale , as well as the response from financial markets.


In addition, many developing countries and economies in transition appear vulnerable to a tightening of global financial conditions, as well as a further aggravation of geopolitical tensions and an escalation of the Ebola epidemic, noted the report.


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