The collapse of oil prices since mid-2014 has exposed the huge variation in the public finances of the world’s major oil exporters. Poorly managed emerging economies such as Russia and Venezuela had...

The global recovery has slowed this year but is likely to accelerate again during the coming quarters. We expect world GDP growth to be only 2½% for 2015, using our own estimates for China, but to...

Headline inflation fell below zero in a number of major economies in September, but we expect the latest bout of deflation to be short-lived. That said, the further drop in inflation expectations in...

We estimate that global GDP growth will slow to around 2½% this year, taking into account ourassessment of China’s actual growth rate. However, the world economy should recover in 2016 asactivity in...