Regional Economic Outlook, April 2018, Western Hemisphere Department - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Economic Outlook, April 2018, Western Hemisphere Department write by International Monetary Fund. Western Hemisphere Dept.. This book was released on 2018-05-11. Regional Economic Outlook, April 2018, Western Hemisphere Department available in PDF, EPUB and Kindle. 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.
Regional Economic Outlook, April 2018, Western Hemisphere Department
Regional Economic Outlook, April 2018, Western Hemisphere Department - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Economic Outlook, April 2018, Western Hemisphere Department write by International Monetary Fund. Western Hemisphere Dept.. This book was released on 2018-05-11. Regional Economic Outlook, April 2018, Western Hemisphere Department available in PDF, EPUB and Kindle. 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.
Regional Economic Outlook, April 2017, Western Hemisphere Department
Regional Economic Outlook, April 2017, Western Hemisphere Department - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Economic Outlook, April 2017, Western Hemisphere Department write by International Monetary Fund. Western Hemisphere Dept.. This book was released on 2017-05-19. Regional Economic Outlook, April 2017, Western Hemisphere Department available in PDF, EPUB and Kindle. With the global economy gaining some momentum, economies of Latin America and the Caribbean are recovering from a recession at the regional level in 2016. This gradual improvement can be understood as tale of two adjustments, external and fiscal, that are ongoing in response to earlier shocks. But headwinds from commodity terms-of-trade shocks and country-specific domestic factors are fading, paving the way for real GDP to grow by about 1 percent in 2017. Regional activity is expected to pick up further momentum in 2018, but at a slower pace than previously anticipated, while medium-term growth is projected to remain modest at about 2.6 percent. The outlook is shaped by key shifts in the global economic and policy landscape—where slow growth, low productivity, and high income inequality are creating pressure for a shift toward inward- looking policies in some advanced economies. Domestic fundamentals and developments, however, will continue to play a significant role in determining growth for the region. At the same time, risks to the outlook have widened in a setting of higher global uncertainty. In this challenging external context, countries should aim for completing fiscal and external adjustments to preserve or rebuild policy buffers. Charting a course toward higher, sustainable, and more equitable growth will also require strengthening structural reforms. Specifically, closing infrastructure gaps, improving the business environment, governance, and education outcomes, and encouraging female labor participation are necessary to boost medium-term growth and foster income convergence. Chapters in this report examine the ongoing external adjustment to terms-of-trade shifts, drivers of capital flows to the region, the role of the investor base, and macroeconomic impact of migration and remittances.
Regional Economic Outlook, April 2017, Western Hemisphere Department
Regional Economic Outlook, April 2017, Western Hemisphere Department - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Economic Outlook, April 2017, Western Hemisphere Department write by International Monetary Fund. Western Hemisphere Dept.. This book was released on 2017-05-19. Regional Economic Outlook, April 2017, Western Hemisphere Department available in PDF, EPUB and Kindle. With the global economy gaining some momentum, economies of Latin America and the Caribbean are recovering from a recession at the regional level in 2016. This gradual improvement can be understood as tale of two adjustments, external and fiscal, that are ongoing in response to earlier shocks. But headwinds from commodity terms-of-trade shocks and country-specific domestic factors are fading, paving the way for real GDP to grow by about 1 percent in 2017. Regional activity is expected to pick up further momentum in 2018, but at a slower pace than previously anticipated, while medium-term growth is projected to remain modest at about 2.6 percent. The outlook is shaped by key shifts in the global economic and policy landscape—where slow growth, low productivity, and high income inequality are creating pressure for a shift toward inward- looking policies in some advanced economies. Domestic fundamentals and developments, however, will continue to play a significant role in determining growth for the region. At the same time, risks to the outlook have widened in a setting of higher global uncertainty. In this challenging external context, countries should aim for completing fiscal and external adjustments to preserve or rebuild policy buffers. Charting a course toward higher, sustainable, and more equitable growth will also require strengthening structural reforms. Specifically, closing infrastructure gaps, improving the business environment, governance, and education outcomes, and encouraging female labor participation are necessary to boost medium-term growth and foster income convergence. Chapters in this report examine the ongoing external adjustment to terms-of-trade shifts, drivers of capital flows to the region, the role of the investor base, and macroeconomic impact of migration and remittances.
Regional Economic Outlook
Regional Economic Outlook - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Regional Economic Outlook write by . This book was released on 2010. Regional Economic Outlook available in PDF, EPUB and Kindle.
