Global economic growth staged a clear-cut recovery in 2010. Last year’s estimated 5 per cent annual global growth was above the 3.6 per cent average rate of the previous decade—although the expansion remains uneven and incomplete. Rebalancing, internal and external, continues to be crucial....

Under the impact of the global economy recovery in 2010, the world goods exports, in dollar terms (nominal terms) registered a 22% growth, at a level of USD 15.2 trillion. In 2010, commercial services exports registered a growth of 8 per cent, at a level of USD 3.7 trillion. WTO economists’...

Following the deepest global downturn in recent history, economic growth solidified and broadened to advanced economies in the second half of 2009 and in the first months of 2010 year. Within both groups of countries, advanced economy countries, as well as emerging and developing economies...

As a result of the extremely volatile world economy in 2008, tourism demand slowed steadily through the year. Overall, the 5% growth of the tourism world demand between January and June gave way to a 1% decline in the second half of the year. Growth returned to international tourism in the last...

Under the influence of the global economy recession, the world goods exports, in dollar terms (nominal terms) registered a 23% drop in 2009, at a level of USD 12.1 trillion, the fall being larger than most economists had predicted. In 2009, commercial services exports registered a drop of 13 per...

Quality became the management imperative of the last two decades and willcontinue to be the key to success in the future. We often see the words quality first , anddemands for quality invade every sphere of activity, from the motor vehicles we drive, to thedomestic appliances we use, the food we...

Boosted by improved economic conditions worldwide, international tourism has recovered faster than expected, in 2010. International tourist arrivals were up by near 7% compared to 2009, with positive growth reported in all world regions. Tourism quick recovery in 2010 confirms the sector...

The global economic recovery is advancing. However, the recovery remains uneven, with downside risks in advanced economies remaining elevated, while overheating risks are growing in emerging economies. Rebalancing, internal and external, continues to be crucial. Without this economic...

In keeping with the January 2010 IMF prognoses, world output is expected to rise this year by 4 per cent in comparison with the 2009 level. This represents an upward revision of ¾ per centage point from the October 2009 World Economic Outlook. <p> In 2011, world economy growth is projected to...</p>

As a result of the extremely volatile world economy in 2008, tourism demand slowed significantly through the year. The last six months of 2008, in particular, showed an abrupt shift in trends with international tourist arrivals flat or showing negative growth. Overall, the 5% growth of the...