Moody’s called impeding the growth of the world economy factors – RBC

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The growth of the world economy in the near future will not return to pre-crisis levels. That is the conclusion reached by experts of international rating agency Moody’s. The agency’s report, which results Bloomberg, lists the factors slowing down the economy.

According to analysts of Moody’s, the economy of the leading countries of the world, members of the G20, will not return to 2008 levels over the next five years. Aggregate output growth in the group, which includes the 19 most economically developed countries and the countries of the eurozone, will be from 2015 to 2019 an average of 3% per year. This is about 0.5 percentage points lower than the growth rates of their economies from 1997 to 2007.

The factors constraining the growth of the global economy, the report Moody’s called protracted slowdown in productivity growth, the fall of China’s economy, unfavorable demographic trends and slowing income from trade. The agency this year has downgraded growth forecast for the US economy, pointing to a slower than expected pace of recovery in the second quarter. At the same time, it remained at the forecast growth of the G20 in 2015 – at the level of 2,7%.

US economic recovery and, to a lesser extent, the euro area and Japan, will be offset by the continued slowdown in China, low growth or even recession in Latin America and, more likely, the stabilization instead of a rapid recovery in Russia, experts believe Moody’s.