Write a brief note on the present economic scenaria of the world.
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The global economy is expected to grow at 2.2 per cent in 2012, at 2.4 per cent in 2013 and 3.2 per cent in 2014. Weaknesses in the major developed economies are at the root of the global economic slowdown. ... The US economy slowed significantly during 2012 and growth is expected to remain meager at 1.7 per cent in 2013.
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