Global economy is the overall economic performance of all the world’s countries national economies. Being a globalized society as a result of technological increase, the world has been brought together by common monetary and financial systems like the World Bank and the IMF. In this case, valuation of the country’s economic performance is entirely based on the value of the country’s currency in the global market. It should be noted that, local currencies in the world economies are usually translated on the basis of ‘purchasing power’. Basically, the higher the purchasing power of the currency, the better the economy of that particular country. It should be noted that, the performance of the world’s economy is usually measured using the gross world product. More so, global equities and debt issuances are sometimes used to determine the ultimate stability of the world’s economy (Braun and Borja 1097).