Annual Report 2007 - Chapter 1. World Economy
Production date: 13.06.2008
Printed on: 13.06.2008
Author: Bank of Albania
Material category
Periodic Publications, Annual Reports
Short Description
The global economy is currently undergoing a low-growth cycle, after a 6-year economic boom with an average annual growth rate of 5%. The global economic activity is estimated to have grown by an annual rate of 4.7% in 2007, 70 basis points lower relative to 2006 annual growth rate1. Economic growth is projected to reach 4.6% during 2008.
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