StraightTalk® Global Economic Outlook 2017: Can the Recent Upswing Put Global Growth Back on Track?
Bart van Ark
The Conference Board
The recent modest strengthening of the global economy is a welcome distraction from the drumbeat of negative expectations for slow global growth over the next decade. This opens the door for businesses to catch up on their reinvention and digital transformation to strengthen their growth base and allow them to weather the longer-term, structural headwinds which remain. This recent cyclical upswing and recovery in productivity will raise global growth to 2.9 percent in 2017 from 2.5 percent in 2016.
StraightTalk is a quarterly publication from the Chief Economist of The Conference Board. It provides economic research, objective analysis, and forecasts to help new economy business executives assess economic conditions impacting their markets.