Can we work together for economic inclusion?
Editor's Note: This week we are presenting a year-end review of the global economy, China's economy, society and diplomacy; and the international situation. Today three top economists look at the state of the global economy and give their outlooks for 2017.
In 2016, the world's attention was focused on major political developments in the European Union, the United States and some other countries, where voters have expressed deeply held concerns about trade, migration and structural labor-market changes.
But, from an economic perspective, 2016 was a fairly quiet year: the global economy continued its slow recovery, with economic activity in the US, the EU, and emerging markets gradually improving despite some remaining vulnerabilities. And even low-income economies that have struggled to adjust to falling commodity prices may receive a small boost, given recent price increases.