Business surveys for December suggest that the world economy continued to grow at a solid pace at the end of 2013. We expect this to be sustained throughout most of this year. However, as there is...

Austerity will be a drag on growth in advanced economies next year, but the squeeze should be smaller than this year. Moreover, the risks of further fiscal tightening have fallen since US politicians...

The world economy has gained momentum during the past twelve months, but the latest evidence, including several business surveys published today, suggests that it may no longer be accelerating.

The deal signed in Bali this weekend was reached only after the bulk of the Doha trade agenda was dropped from the negotiations. We doubt that it will make much difference to world trade volumes and...