Archive for the ‘World Economic Outlook’ tag
IMF World Economic Outlook Update
Last 7 July, the IMF updated its World Economic Outlook and is now expecting the world economy to grow at around 4.5% in 2010 and 4.25% in 2011. That is, increasing by 0.4 percentage points its growth estimate for 2010 and leaving 2011 intact.
This better short-term outlook for 2010 is product of a rosier picture in emerging economies (especially in Latin America and Developing Asia).
