Current Affairs · International Reports
According to UNCTAD's Trade and Development Report (TDR) 2017, which of the following statements is NOT correct?
- 1India and China at their current levels of growth will continue to serve as 'growth poles' for the global economy.
- 2At current levels of growth, neither India nor China will serve as 'growth poles' for the global economy in the near future.✓
- 3The global growth is expected to reach 2.6%, well below pre-2008 financial crisis average of 3.2%.
- 4The world economy in 2017 is picking up but not lifting off.
Correct answer
At current levels of growth, neither India nor China will serve as 'growth poles' for the global economy in the near future.
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