World Bank sees global growth improving to 2.7% in 2017

Tokyo

GLOBAL economic growth should accelerate modestly to 2.7 per cent this year after a post-crisis low of 2.3 per cent in 2016, but the outlook is clouded by uncertainty about policy direction in major economies, the World Bank cautioned in a report on Tuesday.

Growth in advanced economies is expected to edge up to 1.8 per cent in 2017 from 1.6 per…