Global economic growth levels to rise by 2.7% in 2017

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Oil pumps. Photo: World Bank/Gennadiy Kolodkin

Global economic growth is expected to rise by 2.7 percent in 2017, according to a report released by The World Bank.

Improvements in the commodity market with respect to the export and import of oil, gold and agricultural products, and growth in advanced economies have been cited as reasons for this moderate increase.

However, the report also analysed how weak investments and policy changes could play a role in affecting regional and global growth forecasts.

Priyanka Shankar asked Marc Stocker, senior economist at The World Bank, about this global growth outlook.

Duration:5'49"

Filed under Today's Features.
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