The world economy: economic prospects for 2020
The 2019 has been one of the most complicated in a long time for a number of countries seen from several angles: economic growth; social cohesion; international integration and political crisis. Since the 2008-2009 crisis, there has been stable high growth in Asia and slower growth in the United States, Europe, Latin America and Africa, which has apparently reached a limit
One factor that adds to the trend of economic slowdown is the drop in world trade, caused by the US economic war against China, which is reflected in a decrease in the price of raw materials and energy.
The general trend of the world economy is expected to continue its slow pace in most economies with the clear contrast of the Asian economies that will continue to grow three times faster than the West.
