Analysts at Standard Chartered are expecting world growth to ease modestly to 3.6% in 2019 from 3.8% in 2018.
Key Quotes
“Several growth-supportive factors that the markets had grown accustomed to in recent years are now reversing – (1) the QE era is giving way to an era of higher funding costs (2) globalisation is facing bouts of protectionism (3) demographic dividends are turning into drags for some major economies.”
“A number of factors could slow growth more aggressively in 2019 – US-China trade war, European politics, China’s tough balancing act, and oil price volatility.”
Share
