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World Economic Outlook April 2017
Report

World Economic Outlook April 2017

Gaining Momentum?

International Monetary Fund
IMF, 2017
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Editorial Rating

7

Qualities

  • Analytical
  • Eye Opening
  • Overview

Recommendation

Global growth is slowly starting to get out of the rut it fell into following the Great Recession. The November 2016 election of Donald Trump to the United States presidency cheered global markets with expectations for tax reforms and fiscal policies that would stimulate growth. More recently, however, it appears that investigations into potential Russian interference in the US government could inflict major consequences on markets and the economy. The International Monetary Fund’s biannual report on the outlook for global growth delves into a variety of wildcards that could amplify risks, as well as policy actions that could aid growth. getAbstract recommends this comprehensive report – despite its occasional repetitiveness and rambling – to policy makers, executives, economists and investors.

Take-Aways

  • Economic activity worldwide is trending upward, as investments, manufacturing and trade are finally showing signs of life.
  • Global growth will likely surge to 3.5% in 2017 and to 3.6% in 2018.
  • Insular policies could imperil “global economic integration,” which has been good for the world economy, especially for developing countries.

About the Author

The International Monetary Fund advises member nations on policy issues and works to promote economic stability and well-being.

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