Tag: GDP growth
During the 26th Kopaonik Business Forum the main topic was the condition of Serbian economy ten years after the great global economic crisis. Serbia needs 185 years to reach an average purchasing power of the EU if its economic growth rate stays the same.
The World Bank expects the global GDP to grow by 2.9 per cent in 2019, which means a slight moderation towards the long-term average. There are many downside risks to this forecast, including a slowdown in the United States and in China.
According to Ukrainian economists, the rising tensions in Ukraine have scared away foreign investors and may cause a number of other adverse effects in the future, so the government should prepare for the long-term consequences for the economy.