ECONOMIC AND SOCIAL ENVIRONMENT - GLOBAL OUTLOOK 2016 AND BEYOND

BOIA Madalina , The Academy of Economic Studies, Bucharest, Romania

Abstract:
The aim of the paper is to provide a perspective on the current economic situation through a brief analysis of the economic environment and main macroeconomic indicators. Today’s economy shows a moderate improvement, with a more gradual growth in emerging markets and developing countries and a modest growth in advanced economies. Prospects are showing that the total economy output will still remain under the pre-crisis levels and countries must take into account many challenges like high unemployment rates, geopolitical issues and need for a high quality life.

Keywords: GDP, unemployment, inflation, economic growth

JEL Classification: M40, M48, N10

Volume: 69, Issue: 1

Pages: 8 - 21

Publication date: April, 2017

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/69101boia.pdf

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