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Economic Viewpoint

A Look Back at 2017: The True Beginning of the Post-Financial Crisis Era

December 20, 2017
François Dupuis • Carine Bergevin-Chammah • Hélène Bégin • Mathieu D’Anjou • Benoit P. Durocher • Francis Généreux • Hendrix Vachon

The pace of economic growth generally accelerated in 2017. A 3.5% rise in global real GDP is estimated for the year compared to 3.1% in 2016. According to the Organisation for Economic Co-operation and Development (OECD), none of the world’s biggest economies (45 countries) will have experienced an annual contraction this year, the first time since 2007.