Global Economic Outlook 2017 - Home

NOVEMBER 2016


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Bucking the Trend—Overcoming Uncertainty, Shocks, and Disruption with Qualitative Growth

The global economy has now entered its sixth year of stagnation, and the growth outlook for 2017 shows a continuation of this trend. A projected stabilization in energy and commodity prices may provide a small tailwind for resource rich economies in 2017, but the medium-term trend continues to be dominated byweaker growth in key inputs, notably investment and labor supply. Modest positive signals emerge from the base scenario showing some strengthening in qualitative growth factors, such as more advanced technology, improved labor force skills, and greater productivity. But those potentially favorable factors are under pressure from ongoing political, policy, and economic uncertainties around the world. This risks further inertia caused by a wait-and-see attitude among corporates and governments. Businesses have to prepare for more disruptions from geopolitical tensions, policy uncertainty, financial market volatility, and rapid changes in technology, but they also need to stay focused on leveraging the qualitative sources of growth with investment in technology and business productivity even—or especially—in times of stagnation. 

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Chief Economists Statement on the Impact of US Elections on the Global Outlook

 

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November 2016

Strategic overview

Regional Reports

 

Next update

The next update of The Conference Board’s Global Economic Outlook is scheduled for February 2017.

Global Economic Outlook 2017 Reports
Watch a webcast on the Global Economic Outlook 2017

A Better Business Environment in Europe,
Where and When?
Nov 22, 09:00 ET
US: Managing Risks and Opportunities
Nov 29,10:00 AM ET
The US Election Results and its Impact
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Global Economic Outlook - Data & Methods
Contact
Abdul A. Erumban
Senior Economist
ted.geo@conference-board.org