The Growing Economic Clout of the Biggest Emerging Markets in Five Charts

Year
2017
Type(s)
Author(s)
M. Ayhan Kose, Raju Huidrom, Franziska Ohnsorge, and Naotaka Sugawara
Source
World Bank Let's Talk Development blog, July 26, 2017
Url
https://blogs.worldbank.org/en/developmenttalk/growing-economic-clout-biggest-emerging-markets-five-charts

Global economic growth is accelerating. After registering the slowest pace since the 2007-2009 financial crisis in 2016, global growth is expected to rise to a 2.7 percent pace this year and 2.9 percent over 2018-19. While much has been said about better economic news from the major advanced economies, the seven largest emerging market economies—call them the Emerging Market Seven, or EM7—have been the main drivers of this anticipated pickup.