Author : Banque mondiale,The World Bank,World Bank
Publisher : World Bank Publications
Page : 178 pages
File Size : 45,5 Mb
Release : 2013
Category : East Asia
ISBN : 9780821398821
Global Economic Prospects, Volume 6, January 2013 by Banque mondiale,The World Bank,World Bank Pdf
_x000D_ Fragile rebound after mid-year turmoil ... _x000D_ Financial markets conditions have improved markedly since mid 2012 due to national and EU-wide measures to improve fiscal sustainability, and the augmentation of measures that the European Central Bank (ECB) would take in defense of the euro, but so far the so far economic growth has not rebounded as sharply partly because of policy induced uncertainty, which has contributed to keep business-sector confidence low._x000D_ While growth showed signs of accelerating in Q3 of 2012, including in major middle-income countries such as Brazil and China, uncertainties being generated by the US election and fiscal cliff concerns, coupled with tensions between China and Japan over competing land claims cut into Q4 growth in high-income and developing countries.