Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Regional economic outlook : Europe hitting its stride, Paperback / softback Book

Regional economic outlook : Europe hitting its stride Paperback / softback

Part of the World economic and financial surveys series

Paperback / softback

Description

The European recovery is strengthening and broadening appreciably.

Real GDP growth is projected at 2.4 percent in 2017, up from 1.7 percent in 2016, before easing to 2.1 percent in 2018.

These are large upward revisions-0.5 and 0.2 percentage point for 2017 and 2018, respectively-relative to the April World Economic Outlook.

The European recovery is spilling over to the rest of the world, contributing significantly to global growth.

In a few advanced and many emerging economies, unemployment rates have returned to precrisis levels.

Most emerging market European economies are now seeing robust wage growth.

In many parts of Europe, however, wage growth is sluggish despite falling unemployment.

Information

Information