Most Recent Trends
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The decade prior to 2012 has been called part of a “super-cycle,” a 10–35 year trend of rising commodity prices. Since China decided to shift from an export-led growth model to a model based on internal investment and consumption, the super-cycle has been expected to slow.
The global economy grew at 4.49 percent in 2013, and the gross world product reached $87 trillion. For the fourth year in a row, the growth rate was slower than during the preceding year.
Advocates of nuclear energy have long been predicting a renaissance, yet this mode of producing electricity has been stalled for years. Renewable energy, by contrast, continues to expand rapidly, even if it still has a long way to go to catch up with fossil fuel power plants, which account for roughly two thirds of world electricity production.