World, National, and Your Economics
Movies are the biggest export in the world, the biggest American export. It influences people all over the world. i
—Brett Ratner, one of Hollywood’s most successful filmmakers
Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade. The International Monetary Fund’s World Economic Outlook anticipates economic growth rising to 3.5% in 2017 and 3.6% in 2018. This outlook is based on positive developments that include stronger economic activity, increases in global demand, lower deflationary pressures, and optimism in financial markets. Economic activity in advanced economies is expected to increase in 2017, supported by renewed momentum in the United ...
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