The global economy continued to slow down amid the persistent banking and sovereign debt problems of the euro zone. Growth momentum in the advanced economies moderated as a result of the euro crises and governments’ fiscal squeeze.

Download the full text

The global economy continued to be weighed down by the banking and sovereign debt problems of the euro zone. Growth in China and the United States are projected to slow down as a direct result of the euro crises.

 Download the full text

The pace of global economic recovery slowed considerably during the fourth quarter of 2011, amid strong headwinds from the sovereign debt crisis in the euro-zone and fears of contagion, shifting risk perception and business confidence further to the downside.

Download the chapters below:

   Chapters 1-3

   Chapter 4

   Chapter 5

  Chapters 6-8

The pace of global economic recovery slowed considerably in the third quarter of 2011 as consumer confidence was hard-hit by the growing fiscal debt crises in the euro zone and uncertainty about the raising of the federal debt ceiling in the United States.

Download the full text