According to a recently released Trade and Development Report TDR 2017 India and China at their ...........

Economic Affairs Others

According to a recently released Trade and Development Report (TDR) 2017, India and China at their current levels of growth will not serve as "growth polls" for global economy in near future. The TDR is a flagship report of the

United Nations Conference on Trade and Development (UNCTAD)

World Trade Organization (WTO)

International Monetary Fund (IMF)

World Economic Forum (WEF)

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Explanation:

As per the report, world economy in 2017 is picking up but not lifting off. The global growth is expected to reach 2.6%, well below pre 2008 financial crisis average of 3.2%. Unregulated finance remains at heart of present hyper-globalized world and failure to tame it and address deep-seated inequalities, generated by it threatens efforts to build inclusive economies. The report calls for serious examination of market power, rent- seeking behaviour and winner-take- most rules of the economic game, which have generated exclusionary outcomes.