Potential Risks during the Recovery of the World Economy

• Published in: China Economic Transition = Dangdai Zhongguo Jingji Zhuanxing Yanjiu Vol. 1; no. 2; pp. 87 - 91
• Main Author: Chunhai, Yu
• Format: Journal Article
• Language: English
• Published: Beijing Higher Education Press Limited Company 01.01.2018
• Subjects: Agreements; American dollar; Capital; Central banks; Debt restructuring; Economic development; Economic growth; Economic recovery; Economics; Emerging markets; GDP; Global economy; Gross Domestic Product; Interest rates; International finance; International trade; Investments; Low income groups; Macroeconomics; Monetary policy; Money; Protectionism; Securities markets; Tariffs; Tax rates; Trade restrictions; United States > US; Japan
• ISSN: 2096-5478

The world economy has witnessed an extensive recovery in the last year. The GDP growth rates of the major economies have been improved. Domestic production and demand, currency and financial conditions, as well as international trade and international capital flows have all shown positive changes, thus providing comprehensive support for the continued world economic recovery. The continuous strengthening of the adverse adjustment effect of the service trade expansion on global trade imbalances helps to consolidate the foundation for a sustainable growth of the world economy. However, critical risks in the world economic recovery cannot be ignored.