MAYOR OF gave a forecast of the global economy

The site MAYOR published the main parameters of social and economic development in 2009. It was taken into account the global crisis on the economies of different countries. In the baseline scenario, based on the moderate-conservative projections, it is assumed that after the inhibition of growth of world economy in 2009 to 1,2% (in the U.S. and the Eurozone recession to -1-1,2%) in 2010 to begin the restoration of economic growth, experts believe the mayor. China is expected to slow GDP growth to 6.5% due to deceleration in export growth in the U.S. and the Eurozone. In these circumstances, we can expect the restoration of positive dynamics of oil prices in the second half of 2009 and improved borrowing conditions for Russian companies in 2010 as the recovery of global financial markets. "At the same time, the recession in the global economy could take a more protracted and deeper form. In this case, the downturn in the U.S. may reach 2% in 2009 and continue into 2010-th year. The decline of GDP in the euro area will also cover 2009-2010. Due to stagnation in external demand growth of Chinese economy could slow to 4% in 2009, which will have a strong depressing effect on world prices for oil and metals. In these circumstances, global economic growth could be zero, and oil prices will sink to the level of 30 - $ 32 per barrel ", - the Mayor. option 2007 2008 2009 2010 2011 World 4.9 3.1 1.2 Base 3.1 4.1 0.0 1.8 2.7 pessimist U.S. base 2.2 1.3 -1.2 1.5 2 3 pessimist -2.0 -0.3 1.5 Euro area base 2.6 1.0 -1.0 0.8 1.8 -1.6 -0.5 0.2 pessimist Japan base 2.1 0 4 -0.3 0.5 1.0 -1.2 -0.2 0.2 pessimist China Base 11.9 9.5 6.5 8.5 9.0 6.5 7.0 4 pessimist