Thus the slowdown in 2010 was attributable to a tailing-off of this strong rebound, combined with the fact that the effects of various demandboosting measures, such as subsidies for car purchases, implemented in many countries as a means of addressing the financial crisis, had almost run their course.
Nevertheless, from around the end of the autumn of 2010, the global economy exited this temporary deceleration phase and its growth rate has since been increasing again. Looking at developments by region, growth in emerging and commodity-exporting economies started accelerating in the autumn of 2010.