Global economy to improve "marginally" in 2015

Pingfan Hong. UN Photo/JC McIlwaine

Global economic growth is forecast to increase marginally over the next two years, according to the UN World Economic Situation and Prospects 2015 (WESP) report, launched on Monday.

The global economy is expected to grow 3.1 per cent in 2015 and 3.3 per cent in 2016, outstripping the last two years.

The report says that the United States is leading the economic recovery, but pinpoints what it calls "fragility" in Europe and Japan.

Nan Zheng asked Pingfan Hong from the UN's Department of Economic and Social Affairs about the main findings of the report.

Duration: 3'54"

Filed under Today's Features.
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