EFTA Document EFTA01458952

8 December 2015 World Outlook 2016: Managing with less liquidity Global outlook Disappointing global growth to pick up slightly next year Growth in global economic activity is now projected to bottom this year and rise gradually toward trend by 2017, led primarily by an acceleration in emerging market economies. We expect global growth will have dipped to 3.1% in 2015, its slowest pace since the global financial crisis in 2009. This slowdown has been driven primarily by a deceleration in