Baku. 2 June. REPORT.AZ/ The new global economic crisis started in the middle of last year is expected to peak until 2020.
The analytical group of Report News Agency notes that, GDP growth rate will not exceed 2% in developed countries. The growth rate of China's economy up to 5% decline, while the GDP of developing countries will be observed on the negative dynamics. Energy resources, real estate and stock market prices will be reduced to a minimum.
"The global economic crisis will worsen in the next 5 years.
After the likely increase US interest rates in September, the world economy will enter a new phase.At this time there is a problem of liquidity.The main reason would be the direction of funds due to the weakening of the global economy is not in the real sector, and in US government securities,", stressed analysts of Report Agency.
However, experts note that the Federal Reserve System (FRS) of the USA is not in hurry to raise interest rates. The Fed wants to be sure of the stability of economic growth in the country.This will greatly extend the increase in interest rates by the Federal Reserve.In this case the US dollar for a long time retain its position in relation to other currencies.As a result, the world will face another real threat of deflation.
"The reduction of liquidity will also have a negative impact on deflation. Revenues from exports to resource-rich countries will reduce, and these countries will have to continue devaluation, to cut budget expenditures.Thus, the chain of the process affected the whole world ", experts said.
Analysts believe that the reverse process, the growth of the world economy, expected to begin in 2025.The weakening of the US dollar would lead to higher prices in the world.To do this, start lowering interest rates after raising it to a peak.This can occur closer to 2025. "The tense situation in the global economy will continue until 2025-2030", analysts of Report Agency believe.