2017 is expected to be the first year since 2010 to see all large economies grow in synch. There are also growing signs of a recovery in investment worldwide. Looking forward, world economic activity is expected to pick up moderately. The improvement in activity in advanced economies is supported by the monetary and fiscal policies pursued.
Among emerging economies, growth is expected to remain robust in commodity-importers, such as China, while in commodity-exporting economies the downturn will bottom out after the deep recessions observed in the last two years. World trade is recovering and over the medium term is expected to expand as world economic activity gathers pace.