Current World Economic Overview
Global growth appears to have improved in the third quarter (Q3) of 2005. The firming up of global economic activity during the third quarter of 2005 and its broadening ambit suggests that the global growth could reach a level higher than the average for the period 1990-2004. For 2006, the Inteational Monetary Fund (IMF) has projected world growth at 4.3 percent with advanced economies growing by 2.7 percent and emerging market and other developing economies growing by 6.1 per cent.
Global growth appears to have improved in the third quarter (Q3) of 2005. The firming up of global economic activity during the third quarter of 2005 and its broadening ambit suggests that the global growth could reach a level higher than the average for the period 1990-2004. For 2006, the Inteational Monetary Fund (IMF) has projected world growth at 4.3 percent with advanced economies growing by 2.7 percent and emerging market and other developing economies growing by 6.1 per cent.