Economic growth in 2000 was unexpectedly and unusually high and widespread. World output,which jumped to 4 per cent from 2.8 per cent in1999, the strongest increase in more than a decade,was associated with double-digit ...

In 2002, the world economy began a sluggish recovery from the sharp global slowdown of the previous year, but the sustainability of the upturn was uncertain. Global growth, at 1.4 per cent, showed just marginal improvement ...

In 2003, the world economy began to gain momentum following more than two years of sluggish growth. Although the war in Iraq and the outbreak of severe acute respiratory syndrome (SARS) in several countries caused some ...

The global economy started 2006 on a strong note, with a number of major developed economies rebounding from the notable slowdown in 2005 and many developing countries maintaining the momentum of broad and solid growth. A ...

In 2008, the global economy was on the brink of recession, due to the fallout from the financial crisis in the United States, the bursting of the housing bubbles there and in other large economies, soaring commodity prices, ...

In 2007, the growth of the world economy moderated from 2006 to a nonetheless robust 3.7 per cent. The major drag came from a slowdown in the United States, driven by the slump in the housing sector that became much more ...

Global economic growth in 2004, at 4 per cent, was not only the highest for many years, but was also unusually widespread and well balanced. The broadening of the economic recovery was reflected in the fact that almost ...

Global economic growth continued into 2005, but at a slower pace than the 4 per cent recorded in 2004, and was expected to fall to around 3 per cent. Much of that deceleration was attributable to the slowdown in developed ...

In 2001, the world economy took an unexpectedly severe and widespread downturn. Following an unprecedented period of growth, the slowdown began in the developed economies, particularly North America, but quickly spread ...