Global growth has been tepid since the global financial crisis broke out almost 10 years ago, having declined from an average of 4.5 per cent during the five years preceding the crisis to 3.5 per cent over the past five years. Both advanced economies and emerging markets have suffered. Given that global trade was growing significantly faster than global gross domestic product (GDP) in the pre-crisis period on the back of global production chains, the extent of its decline is particularly surprising.
http://www.eastasiaforum.org/2016/03/16/will-india-lead-the-next-wave-of-global-economic-growth/
I-BRIDGE's blog (Link Campus University's Research Centre on Global Affairs) - editor, Marco Emanuele - Critical thinking, complexity, international relations (Twitter, @Glob_Eye - Facebook, https://www.facebook.com/marco.emanuele.50)
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