Global Space Policies and Programmes
The “World Economic Situation and Prospects” report is the United Nation’s leading publication in the annual discussion of current economic trends and prospects. Its 2016 reporting painted a bleak picture, and the global economy looked to be held back by both slow growth and reduced international trade. However, 2017 has seen a turnaround, and it was estimated that global economic growth reached 3%, representing a large step up from the 2.4% of 2016 and also the greatest global growth rate since 2011. Furthermore, about two-thirds of countries have seen increased growth from the sluggishness which characterised 2016, and globally levels are expected to hold at 3% into 2019.