World Economic Outlook April 1988
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Author | : International Monetary Fund. Research Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 204 |
Release | : 1988-01-01 |
Genre | : Business & Economics |
ISBN | : 1451944845 |
The paper describes developments in the world economy during 1987–88, and discusses considerations underlying the IMF staff’s short-term projections. The paper highlights that although the world economy is continuing to expand at a moderate pace, the persistence of large fiscal and external imbalances clouds the international economic outlook. An important positive development in 1987 was the strengthening of policy coordination among the major industrial countries. The paper assesses the policy issues facing the industrial countries, against the background of alternative scenarios of medium-term developments.
Author | : International Monetary Fund |
Publisher | : |
Total Pages | : 0 |
Release | : 1988 |
Genre | : Economic forecasting |
ISBN | : 9781557750112 |
Author | : International Monetary Fund. Research Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 148 |
Release | : 1988-01-01 |
Genre | : Business & Economics |
ISBN | : 1455233455 |
This paper highlights that the performance of the world economy in the first half of 1988 has been considerably more satisfactory than was expected in the wake of the sharp stock market decline in October 1987. Output in industrial countries has grown strongly, world trade has been robust, and inflation appears to have remained under control. Moreover, the shifts in real trade flows induced by earlier exchange rate movements are at last beginning to have a visible effect on the payments imbalances of the three largest countries.
Author | : International Monetary Fund |
Publisher | : |
Total Pages | : 189 |
Release | : 1988 |
Genre | : |
ISBN | : |
Author | : International Monetary Fund. Research Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 657 |
Release | : 2013-10-08 |
Genre | : Business & Economics |
ISBN | : 1484348834 |
Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth. Emerging market economies face the dual challenges of slowing growth and tighter global financial conditions. This issue of the World Economic Outlook examines the potential spillovers from these transitions and the appropriate policy responses. Chapter 3 explores how output comovements are influenced by policy and financial shocks, growth surprises, and other linkages. Chapter 4 assesses why certain emerging market economies were able to avoid the classical boom-and-bust cycle in the face of volatile capital flows during the global financial crisis.
Author | : International Monetary Fund. Research Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 152 |
Release | : 1988-01-01 |
Genre | : Business & Economics |
ISBN | : 1451944373 |
This paper highlights that the performance of the world economy in the first half of 1988 has been considerably more satisfactory than was expected in the wake of the sharp stock market decline in October 1987. Output in industrial countries has grown strongly, world trade has been robust, and inflation appears to have remained under control. Moreover, the shifts in real trade flows induced by earlier exchange rate movements are at last beginning to have a visible effect on the payments imbalances of the three largest countries.
Author | : International Monetary Fund. Research Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 230 |
Release | : 2016-04-12 |
Genre | : Business & Economics |
ISBN | : 1498398588 |
Major macroeconomic realignments are affecting prospects differentially across the world’s countries and regions. The April 2016 WEO examines the causes and implications of these realignments—including the slowdown and rebalancing in China, a further decline in commodity prices, a related slowdown in investment and trade, and declining capital flows to emerging market and developing economies—which are generating substantial uncertainty and affecting the outlook for the global economy. Additionally, analytical chapters examine the slowdown in capital flows to emerging market economies since their 2010 peak—its main characteristics, how it compares with past slowdowns, the factors that are driving it, and whether exchange rate flexibility has changed the dynamics of the capital inflow cycle—and assess whether product and labor market reforms can improve the economic outlook in advanced economies, looking at the recent evolution and scope for further reform, the channels through which reforms affect economic activity under strong versus weak economic conditions, reforms’ short- to medium-term macroeconomic effects, and sequencing of reforms and coordination with other policies to maximize their potential quantitative economic benefits. A special feature analyzes in depth the energy transition in an era of low fossil fuel prices.
Author | : International Monetary Fund. Research Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 252 |
Release | : 2009-04-22 |
Genre | : Business & Economics |
ISBN | : 1589068068 |
This edition of the World Economic Outlook explores how a dramatic escalation of the financial crisis in September 2008 provoked an unprecedented contraction of activity and trade, despite active policy responses. It presents economic projections for 2009 and 2010, and also looks beyond the current crisis, considering factors that will shape the landscape of the global economy over the medium term, as businesses and households seek to repair the damage. The analysis also outlines the difficult policy challenges presented by the overwhelming imperative to take all steps necessary to restore financial stability and revive the global economy, and the longer-run need for national actions to be mutually supporting. The first of two analytical chapters, "What Kind of Economic Recovery?" explores the shape of the eventual recovery. The second, "The Transmission of Financial Stress from Advanced to Emerging and Developing Economies," focuses on the role of external financial linkages and financial stress in transmitting economic shocks.
Author | : International Monetary Fund |
Publisher | : |
Total Pages | : 137 |
Release | : 1988 |
Genre | : Economic forecasting |
ISBN | : 9781557750334 |
Author | : International Monetary Fund. Research Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 220 |
Release | : 1989-01-01 |
Genre | : Business & Economics |
ISBN | : 1451944888 |
This paper highlights that the world economic condition improved significantly during 1988. In industrial countries, output growth strengthened markedly in an environment of moderate inflation. World trade expanded at its fastest rate since 1984, which had important spillover effects on many developing countries, particularly the exporters of manufactures; significant progress was made in reducing external imbalances among the major industrial countries; and the aggregate debt-to-exports ratio of developing countries was reduced. At the same time, several aspects of the current situation continue to demand the attention of policymakers.