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Global growth will receive a boost from lower oil prices, which reflect to an important extent higher supply. But this boost is projected to be more than offset by negative factors, including investment weakness as adjustment to diminished expectations about medium-term growth continues in many...
Persistent link: https://www.econbiz.de/10015059853
The World Economic Outlook, published twice a year in English, French, Spanish, and Arabic, presents IMF staff … economists' analyses of global economic developments during the near and medium term. Chapters give an overview of the world …
Persistent link: https://www.econbiz.de/10014404393
The global recovery continues but the momentum has weakened, hobbled by the pandemic. Fueled by the highly transmissible Delta variant, the recorded global COVID-19 death toll has risen close to 5 million and health risks abound, holding back a full return to normalcy. Pandemic outbreaks in...
Persistent link: https://www.econbiz.de/10015057898
The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity. As a result of the pandemic, the global economy is projected to contract sharply by -3 percent in 2020, much worse than during the 2008-09...
Persistent link: https://www.econbiz.de/10014408771
Although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook. Amid exceptional uncertainty, the global economy is projected to grow 5.5% in 2021 and 4.2% in 2022
Persistent link: https://www.econbiz.de/10015059864
to 3.5 percent of world GDP, and are expected to widen again this year. The IMF's multilateral approach suggests that … global excess balances narrowed to 0.9 percent of world GDP in 2021 compared with 1.2 percent of world GDP in 2020. The … well as a shift from services to goods consumption. Commodity prices recovered from the COVID-19 shock and started rising …
Persistent link: https://www.econbiz.de/10015060284
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The Research Summaries in this issue of the IMF Research Bulletin cover 'Tax Capacity and Growth' (by Vitor Gaspar, Laura Jaramillo, and Philippe Wingender), and 'U.S. Shale Revolution and Its Spillover Effects on the Global Economy' (Ravi Balakrishnan, Keiko Honjo, Akito Matsumoto, and Andrea...
Persistent link: https://www.econbiz.de/10014408111
' (Ali Alichi, Kory Kantenga, and Juan Sole); and 'The Future Wealth of Nations: World Trade in Services' (Prakash Loungani …
Persistent link: https://www.econbiz.de/10014408144