1. GUMM
  2. Annus Horibilis
  3. The Inhumanity of Pakistan’s Coal Industry
  4. Iran Nuclear Deal The U.S Withdrawal
  5. Method in the Madness
  6. Legal System Reforms
  7. Power Over Impulse
  8. Refugees and Migrants are People too
  9. PTCL – A Nonstop Journey Towards Excellence
  10. Gulgee – The Last of The Greats
  11. Patrik Hoffmann – Sonraj
  12. Pakistan’s Primordial Hindu Heritage
  13. Pakistan’s Migrant Tragedy
  14. PTCL – Fastest Growing Brand in Pakistan
  15. Keep Pakistan’s Wagon Hitched To The China Star
  16. Anique’s Chocolate Cake
  17. Selfless & Fearless – Lahore Qalandars
  18. NEWS PICKS
  19. Intellectual Property and Tourism
  20. Fitness with the Mughal
  21. REBEL WITH A CAUSE
  22. The Big Fat Lie – Cholesterol (Part-1)
  23. Mummy’s Recipes Roast Chicken & Veg
  24. ENGAGING HEADS HEARTS AND HANDS
  25. The Big Fat Lie – Cholesterol (Part-2)
  26. Q & A with Star of Parchi
  27. Addressing Sexual Abuse
  28. Q & A with EMAN ZAEEM & MEHR SAAD
  29. Pakistan’s Lost Children
  30. ENGLAND AND THE INDUSTRIAL REVOLUTION
  31. STICK WITH FRIENDS AND DITCH THE ENEMIES
  32. The Phenomenon that Stephen Hawking was!
  33. In Conversation with ANUSHAY ZEESHAN
  34. Q & A with owner of District 6 – Anum Rafat
  35. Ali Rehman Khan – Naturally A Star
  36. MUNIBA`S Call for Tolerance & Justice
  37. Q&A Muniba Mazari
  38. Health Quotient (Dental health)
  39. Money for nothing, bits for free
  40. FinTech
  41. TRADING THREATS OF WAR
  42. Crisis of Civilization
  43. Child Sexual Abuse
  44. Education is the only Solution
  45. Fit for Purpose
  46. BLUE CHIP TALKS TO THE CREATOR OF TEETOO AND TANIA
  47. Mini meringue recipe
  48. NEW ANIMATED TV SERIES PAKISTANI
  49. Changing the Perception of Public Transport Motorway Express
  50. AUSTENISTAN DEBUTS WITH ELEGANCE AND ENTHUSIASM
  51. PAKISTAN’S WOMEN OF 2017
  52. THE BEAUTY IN BUSINESS
  53. PERCEPTIONS ARE ALSO REALITY
  54. Blue Chip Q/A with Atiqa Odho
  55. Five major political events of 2017
  56. WHAT DOES TRUMP’S TWEET MEAN FOR CPEC AND THE REGION
  57. THE GLOBAL ECONOMY IN 2017
  58. AFGHANISTAN GOING DOWNHILL
  59. 2017 FOR PSX – THE CLIMB AND THE DECLINE
  60. What we can learn from Ghalib
  61. QUINOA SALAD WITH THAI DRESSING
Wed, Jul 18, 2018
  1. GUMM
  2. Annus Horibilis
  3. The Inhumanity of Pakistan’s Coal Industry
  4. Iran Nuclear Deal The U.S Withdrawal
  5. Method in the Madness
  6. Legal System Reforms
  7. Power Over Impulse
  8. Refugees and Migrants are People too
  9. PTCL – A Nonstop Journey Towards Excellence
  10. Gulgee – The Last of The Greats
  11. Patrik Hoffmann – Sonraj
  12. Pakistan’s Primordial Hindu Heritage
  13. Pakistan’s Migrant Tragedy
  14. PTCL – Fastest Growing Brand in Pakistan
  15. Keep Pakistan’s Wagon Hitched To The China Star
  16. Anique’s Chocolate Cake
  17. Selfless & Fearless – Lahore Qalandars
  18. NEWS PICKS
  19. Intellectual Property and Tourism
  20. Fitness with the Mughal
  21. REBEL WITH A CAUSE
  22. The Big Fat Lie – Cholesterol (Part-1)
  23. Mummy’s Recipes Roast Chicken & Veg
  24. ENGAGING HEADS HEARTS AND HANDS
  25. The Big Fat Lie – Cholesterol (Part-2)
  26. Q & A with Star of Parchi
  27. Addressing Sexual Abuse
  28. Q & A with EMAN ZAEEM & MEHR SAAD
  29. Pakistan’s Lost Children
  30. ENGLAND AND THE INDUSTRIAL REVOLUTION
  31. STICK WITH FRIENDS AND DITCH THE ENEMIES
  32. The Phenomenon that Stephen Hawking was!
  33. In Conversation with ANUSHAY ZEESHAN
  34. Q & A with owner of District 6 – Anum Rafat
  35. Ali Rehman Khan – Naturally A Star
  36. MUNIBA`S Call for Tolerance & Justice
  37. Q&A Muniba Mazari
  38. Health Quotient (Dental health)
  39. Money for nothing, bits for free
  40. FinTech
  41. TRADING THREATS OF WAR
  42. Crisis of Civilization
  43. Child Sexual Abuse
  44. Education is the only Solution
  45. Fit for Purpose
  46. BLUE CHIP TALKS TO THE CREATOR OF TEETOO AND TANIA
  47. Mini meringue recipe
  48. NEW ANIMATED TV SERIES PAKISTANI
  49. Changing the Perception of Public Transport Motorway Express
  50. AUSTENISTAN DEBUTS WITH ELEGANCE AND ENTHUSIASM
  51. PAKISTAN’S WOMEN OF 2017
  52. THE BEAUTY IN BUSINESS
  53. PERCEPTIONS ARE ALSO REALITY
  54. Blue Chip Q/A with Atiqa Odho
  55. Five major political events of 2017
  56. WHAT DOES TRUMP’S TWEET MEAN FOR CPEC AND THE REGION
  57. THE GLOBAL ECONOMY IN 2017
  58. AFGHANISTAN GOING DOWNHILL
  59. 2017 FOR PSX – THE CLIMB AND THE DECLINE
  60. What we can learn from Ghalib
  61. QUINOA SALAD WITH THAI DRESSING
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The global economy started off with much trepidation in the beginning 2017, as the world saw potential issues that might negatively impact the economy across the board, such as China’s mounting debt, India’s cash cancellation, Brexit, Trump’s plans for the United States’ economy, and more. However, at the turn of the quarter, it appeared that things were picking up for the world economy.

 

According to a June 2017 journal by the Global Economic Prospects, “as actual growth continues to exceed potential growth, increasing inflation and narrowing output gaps have raised the prospects of less accommodative monetary policy. Advanced economy growth is expected to accelerate to 1.9 percent in 2017, before moderating gradually in 2018-19. As usual, the outlook is predicated only on legislated fiscal and trade policies. The recovery in global trade coincides with strengthening investment, which is more import-intensive than other components of aggregate demand.”

 

Fitch Ratings’ chief economist, Brian Coulton had also projected that 2017 would see the fastest world growth, at 2.9 per cent, since 2010. He indicated that the growth was reflective of a “synchronised improvement across both advanced and emerging market economies”.

 

These predictions were not that far off as overall, 2017 saw a rising stability across the global economy platform, especially with the trade sector’s recovery and progression. The positive direction that the economy took last year resulted in the bullish revision of the Organisation for Economic Co-operation and Development (OECD) prediction for world economic growth in 2017 by 3.6 per cent, and 2018 by 3.7 per cent.

 

Overall, the United States still holds the largest chunk of the world economy based on its gross domestic product (GDP), with an almost 25 per cent share, valued at $18 trillion, followed by China at $11 trillion and Japan at $4.4 trillion.

 

Despite trailing behind the United States by $7 trillion, China is poised to be gunning for lead position as it saw an economic growth of 6.7 per cent in 2016, which is significantly higher than the United States’ 1.6 per cent. The former has also overtaken India as the fastest growing large economy, outdoing the latter by a 0.1 per cent growth. This takeover was attributed to India’s Narendra Modi’s cash cancellation initiative, which led to a financial turmoil in the country.

 

Moving forward to 2018, economists are positive that the world economy will see continued growth, especially in advanced and emerging economies. Data sets from China, Japan, Europe and the United States have shown a synchronised global economic recovery, which would aid significantly in lowering trade and currency tensions.

“Moving forward to 2018, economists are positive that the world economy will see continued growth, especially in advanced and emerging economies. Data sets from China, Japan, Europe and the United States have shown a synchronised global economic recovery, which would aid significantly in lowering trade and currency tensions. “

 

There also appears to be less economic uncertainty in Europe as the United Kingdom and the European Union have come up with some form of agreements pending the official exit of the former in 2019. With this agreement, there is some form of confidence that can be established in the Eurozone that a complete economic crash will not be imminent.

 

By: Syahirah Anwar

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