The world economy will receive a significant boost from lower oil prices this year despite fears of deflation and persistently weak spending, leading economists attending the World Economic Forum told the Financial Times.
Ahead of the gathering at the Swiss resort, which begins today, most economists had a more optimistic outlook than the International Monetary Fund, although they recognised that the recovery remained uneven and were less optimistic than a year ago.
But there were specific worries that advanced economies had lost the ability to share the proceeds of growth more widely across their populations, which could undermine future prospects.
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