Economic cycle and focus points
Twenty-nineteen seems set to be a year in which the global economic cycle will continue. In the US, it would mark the tenth year of uninterrupted growth, albeit at a slower pace than in 2018. In the other economies, and in particular in Europe and the emerging countries, it could offer the opportunity of putting an end to the slowdown observed in 2018, and to reduce the growth gap compared to the United States.
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