Economía marxista para el Siglo XXI

Michael Roberts Blog

The British media and the government have made much of the news that the UK economy is likely to grow faster than any other of the top seven capitalist economies this year.  According to the latest forecast of global growth released by the IMF, the UK will grow 2.9% this year, compared to 2.8% in the US and 1.7% in Germany.  And the advanced economies as a whole will expand output by 2.2% compared to just 1.3% in 2013.

However, what was not mentioned so loudly by the media was that the IMF has trimmed its growth forecast for the world as a whole from a previous forecast of 3.9% to 3.6%, compared to 3% in 2013.  This reduction was because the so-called emerging capitalist economies are experiencing slower growth than before the crisis.  The IMF expects these economies to grow 4.9% this year, only up slightly from last year. …

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