Toggle SlidingBar Area
TwitterFacebookYoutubeFlickrLinkedin

Four Forces Facing the Global Economy

WEOBy Olivier Blanchard 

(Versions in عربي and Español)

In our April 2015 World Economic Outlook, we forecast global growth to be roughly the same this year than last year, 3.5% versus 3.4%.   This global number reflects an increase in growth in advanced economies, 2.4% versus 1.8%, offset by a decrease in growth in emerging market and developing economies, 4.3% versus 4.6% last year.   In short, to repeat the words used by the IMF Managing Director last week, we see growth as “moderate and uneven”.

Behind these numbers lies an unusually complex set of forces shaping the world economy.  Some, such as the decline in the price of oil and the evolution of exchange rates, are highly visible.  Some, from crisis legacies to lower potential growth, play more of a role behind the scene but are important nevertheless.  Let me briefly review them.

Continue reading “Four Forces Facing the Global Economy” »

By | April 14th, 2015|Advanced Economies, Annual Meetings, Asia, Economic Crisis, Economic outlook, Economic research, Emerging Markets, Globalization, Government, growth, IMF, International Monetary Fund, Investment, Reform, Uncategorized|0 Comments
Read More

How to Exit the Danger Zone: IMF Update on Global Financial Stability

Many of the root causes of the euro area crisis still need to be addressed before the system is stabilized and returns to health. Until this is done, global financial stability is likely to remain well within the “danger zone,” where a misstep or failure to address underlying tensions could precipitate a global crisis with grave economic and financial consequences.

By | January 24th, 2012|Advanced Economies, Economic Crisis, Emerging Markets, Europe, Financial Crisis, IMF, International Monetary Fund|2 Comments
Read More
Load More Posts