For a sustained up move from the present levels, we would need to see a pick-up in industrial and consumer demand, and growth in corporate earnings
And the resulting industrial slowdown in China would have a "direct impact" on industrial resupply, he said
'However, a sharp & rapid economic rebound could follow'
Anemic condition, or slowing down factors of different nature, continue to prevail in all major economies
The International Monetary Fund has pegged the number at 4.8 per cent and expects it to pull down global growth as well.
India's booming cities remain at the top of the heap, with the fastest growth rates on the globe, but they are also much smaller than other major cities.
In 2021, the OECD, which groups the world's wealthiest nations, sees global economic growth edging back up to 3.0 per cent
Uncertainties relating to trade wars, macro data from the United States (US) and reduced scope of monetary policy, however, are the three key risks it cites to its projections
A synchronized slowdown across almost 90 per cent of the world economy dominated talks at the International Monetary Fund and World Bank's annual meetings in Washington
Says the country, along with other emerging market economies, will drive global growth rebound in 2020
The IMF has also indicated it may lower its 2019 outlook from after the fund in July projected 3.2 per cent growth -- the lowest since the financial crisis
The foreign ministry appealed to Washington to 'meet us halfway' and resolve disputes
Among the negative global factors which will continue to cast a shadow on growth will be tensions from the China-US trade war
Nomura expects a gradual growth recovery to set in in the latter part of 2020, as Asian economies benefit from ongoing policy easing and a potential capex recovery in the tech sector
The developments post-G20 meeting, Morgan Stanley says, are not enough to remove the uncertainty around trade policy, given the lack of clarity so far on the critical issues.
The UN report said employment was rising but job quality remained low and far greater economic growth was needed in Africa to get people out of poverty
Major central banks are expected to move away from ultra-easy monetary policy this year, but borrowing costs are still accommodative and should underpin growth
Come September, the reality may hit that prospects for sweeping US tax cuts have stalled
US President-elect Donald Trump's tax policies could have adverse effects