They point to the turbulence in financial markets, slower growth in emerging economies like China, and
weak growth across the developed world.
Not exact matches
Activity in non-Japan Asia remained strong during the first half of 2000, though the pace of
growth varied widely
across countries; over the past year,
growth has been strongest in Hong Kong, Korea and Malaysia and
weakest in Indonesia (Table 1).
However, measured labour productivity
growth has improved over the past few years
across a broader range of industries, following a period of quite
weak growth (Graph 3).
«It appears that four inter-linked phenomena are driving a negative feedback loop in the global economy and
across financial markets,» the analysts write, citing the resilient US dollar, lower commodities prices,
weaker trade and capital flows, and declining emerging market
growth.
On top of the existing internal problems of «lowflation,» shorthand for ultra-low inflation,
weak demand and anemic credit
growth, the deterioration in the external backdrop over much of 2014 — rising geopolitical tensions with Russia, and the slowdown of the Chinese economy and many other emerging markets — has made a rapid return to meaningful
growth across the eurozone unlikely, in our view, despite some positive signs, including the stabilization of many peripheral economies and the boost in competitiveness from the
weaker euro.