World Economy
Dependency among the countries of the world economy have increased very fast giving birth a more economic relationship.
The information upon knowledge driven world economic countries is marked noteworthy.
The performance of the world economy in the era of market friendliness have become more dynamic from time to time.
The International Monetary Fund (IMF) has slowed the growth Forecast of the world economy in 2008. The IMF said in the release of World Economic Outlook (October 2007) that the turbulence in financial market will slow down world economic growth.
Continuously rising oil price is expected to reach at record levels. Prices of essential food items will double and US Market particularly stock indexes will lose to higher extent. The US Economy, being world’s largest economy is expected to slow followed by a rising unemployment, dearer energy prices and declining housing market performance.
Here in this section on World Economy, we are trying to cover the economic profile of the countries of the world economy. The area of the coverage on the countries include the key economic indicators, structure of the economy covering almost all the sectors, major exports and imports and performance of the economy in the international scenario.