Regional Economic Outlook, April 2018, Western Hemisphere Department

Seizing the Momentum

Business & Finance, Economics, International Economics, Macroeconomics, Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy
Cover of the book Regional Economic Outlook, April 2018, Western Hemisphere Department by International Monetary Fund. Western Hemisphere Dept., INTERNATIONAL MONETARY FUND
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: International Monetary Fund. Western Hemisphere Dept. ISBN: 9781484354674
Publisher: INTERNATIONAL MONETARY FUND Publication: May 11, 2018
Imprint: Language: English
Author: International Monetary Fund. Western Hemisphere Dept.
ISBN: 9781484354674
Publisher: INTERNATIONAL MONETARY FUND
Publication: May 11, 2018
Imprint:
Language: English

The world economy and global trade are experiencing a broad-based cyclical upswing. Since October 2017, global growth outcomes and the outlook for 2018–19 have improved across all regions, reinforced by the expected positive near-term spillovers from tax policy changes in the United States. Accommodative global financial conditions, despite some tightening and market volatility in early February 2018, have been providing support to economic recovery. Higher commodity prices are contributing to an improved outlook for commodity exporters. The US and Canadian economies posted solid gains in 2017 and are expected to grow above potential in the near term. Despite the improved near-term outlook, however, medium-term prospects are tilted downwards. Growth prospects for advanced economies are subdued and many emerging market and developing economies are projected to grow in per capita terms more slowly than advanced economies, raising concerns about income convergence. While risks appear broadly balanced in the near term, they skew to the downside over the medium term, including a possible sharp tightening of financial conditions, waning popular support for global economic integration, growing trade tensions and risks of a shift toward protectionist policies, and geopolitical strains.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The world economy and global trade are experiencing a broad-based cyclical upswing. Since October 2017, global growth outcomes and the outlook for 2018–19 have improved across all regions, reinforced by the expected positive near-term spillovers from tax policy changes in the United States. Accommodative global financial conditions, despite some tightening and market volatility in early February 2018, have been providing support to economic recovery. Higher commodity prices are contributing to an improved outlook for commodity exporters. The US and Canadian economies posted solid gains in 2017 and are expected to grow above potential in the near term. Despite the improved near-term outlook, however, medium-term prospects are tilted downwards. Growth prospects for advanced economies are subdued and many emerging market and developing economies are projected to grow in per capita terms more slowly than advanced economies, raising concerns about income convergence. While risks appear broadly balanced in the near term, they skew to the downside over the medium term, including a possible sharp tightening of financial conditions, waning popular support for global economic integration, growing trade tensions and risks of a shift toward protectionist policies, and geopolitical strains.

More books from INTERNATIONAL MONETARY FUND

Cover of the book Hedge Fund industry: Developments and Practices by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Finance & Development, March 1995 by International Monetary Fund. Western Hemisphere Dept.
Cover of the book A Growth-Friendly Path for Building Fiscal Buffers in the Caucuses and Central Asia by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Quasi-Fiscal Operations of Public Financial Institutions by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Hungary: Economic Policies for Sustainable Growth by International Monetary Fund. Western Hemisphere Dept.
Cover of the book The Challenge of Public Pension Reform in Advanced and Emerging Economies by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Finance & Development, September 1996 by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Sustaining and Accelerating Pro-Poor Growth in Africa by International Monetary Fund. Western Hemisphere Dept.
Cover of the book A New Tool for Distributional Incidence Analysis by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Principles of Household Debt Restructuring by International Monetary Fund. Western Hemisphere Dept.
Cover of the book A Global Integration Strategy for the Mediterranean Countries: Open Trade and Market Reforms by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Finance and Development, June 2014 by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Structural Conditionality in IMF-Supported Programs by International Monetary Fund. Western Hemisphere Dept.
Cover of the book The Conduct of Monetary Policy in the Major industrial Countries: instruments and Operations Procedures - Occa Paper No.70 by International Monetary Fund. Western Hemisphere Dept.
Cover of the book Transforming Financial Systems in the Baltics, Russia and Other Countries of the Former Soviet Union by International Monetary Fund. Western Hemisphere Dept.
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy