Will 2018 be a great year for the world economy? The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues. Growth in advanced economies is expected to moderate slightly to 2.2 percent in 2018, as central banks gradually remove their post-crisis accommodation and the upturn in investment growth stabilises. Growth in emerging market and developing economies as a whole is projected to strengthen to 4.5 percent in 2018, as activity in commodity exporters continues to recover amid firming prices. Predictions for the global economy are positive, but four experts, including Probal Dasgupta, also foresee a rise in debt, inflation and geopolitical tensions.
Read what the expert opinions here.
