The world is slowing down and the fault lies with the emerging countries, which are no longer getting rich at the rhythms of the past. The supports it International Monetary Fund, which in its latest "World Economic Outlook" cut estimates on the gross domestic product of the planet.
According to the IMF, “global growth is proceeding at reduced gears”, registering an average of +2,5% in the first half of 2013, “about the same pace as the second half of 2012”. The new prediction for the full year it speaks of a growth rate of 2,9%, down by 0,3% compared to the estimates published in July and against +3,2% in 2012. As for the 2014, a +3,6% is expected, compared to +3,8% expected just three months ago.
The latest indicators, explains the IMF, show "better prospects in the short term, but also different growth dynamics among the major economies": the advanced ones will continue to expand as expected (+1,2% this year and +2% the next), while emerging and developing markets will slow down more than previously estimated (from +5 to +4,5% for 2013 and from +5,5 to +5,1% for 2014).
No news however for the Italian economy, which according to the Fund will record a 1,8% contraction in GDP this year, to then return to growth by 0,7% in 2014. However, the situation in our country is improving, after a contraction in the gross domestic product which, according to the Washington institute, was 2,4% in 2012.
In detail, the report forecasts inflation in 2013 at 1,6% and 1,3% in 2014, down from 3,3% in 2012. Unemployment, however, should reach 12,5% this year and 12,4% in the following 12 months, up from 10,7% in 2012.
