| World Bank IMF and Dev Agencies |    4846 VIEWS  |
| World Bank IMF and Dev Agencies | |
| 4846 VIEWS | |
 |
Tuesday, October 09, 2018 08.07AM / IMF
The steady expansion under way since
mid-2016 continues, with global growth for 2018–19 projected to remain at its
2017 level. At the same time, however, the expansion has become less balanced
and may have peaked in some major economies. Downside risks to global growth
have risen in the past six months and the potential for upside surprises has
receded.
Global growth is projected at 3.7 percent
for 2018– 19—0.2 percentage point lower for both years than forecast in April.
In the United States, momentum is still strong as fiscal stimulus continues to
increase, but the forecast for 2019 has been revised down due to recently
announced trade measures, including the tariffs imposed on $200 billion of US
imports from China.
Growth projections have been marked down
for the euro area and the United Kingdom, following surprises that suppressed
activity in early 2018.
Click here to download full Executive Summary.
Related News
1. IMF appoints Harvard’s Gita
Gopinath as chief economist
2. FG welcomes UN’s move to
tackle development challenges in the Sahel Region
3. AfDB and Purdue University to
hold conference on successful technologies for African farmers
4. AfDB Releases Flagship Report,
2018 African Economic Outlook in Arabic, Hausa and Kiswahili
5. Nigeria Exits Recession and
Looks Beyond Oil
6. The Richard Koch Breakthrough
£50,000 Prize In Economics
7. ECA Initiatives Helping Member
States Think Through Policy Choices and Development Priorities
8. IMF’s Review and Outlook of
Nigeria
9. IMF Staff Concludes Visit to
Nigeria
10. Review: The Tyranny of
Experts: Economists, Dictators, and the Forgotten Rights of the Poor
11. The Debt Challenge to African
Growth
12. Nigerian Government signs MoU
with African Risk Capacity; Becomes Member-Country
Signup with Facebook
Signup with Twitter
