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Euromonitor International is pleased to provide our blog readers with the executive summary of our new macroeconomic outlook Global Economic Forecasts: Q1 2017.
Despite the risk of stronger trade and immigration restrictions and greater policy uncertainty after Donald Trump took the Presidential office, the reaction of financial markets has been more optimistic than expected. In this context, we have revised the world GDP growth forecast up to 3.3% in 2017 and 3.4% in 2018.
The two main global risk scenarios remain Advanced Economies stagnation and Emerging Markets slowdown. Each of these scenarios would cause a decrease in the global real GDP growth to around 2.5% in 2017 and to 1.8% in 2018.