In a thorough analysis of the global economy, analysts at the International Monetary Fund examine a world on the edge of recovery. As dust clears from the financial crisis, they describe the new landscape. Their diagnoses are excellent, but only time will tell if their prescriptions for fiscal consolidation and structural reform are on the money. The IMF’s influence is so broad and pervasive that its opinions alone can move markets. Thus, understanding tomorrow’s pivotal issues may depend on knowing what the IMF says today. getAbstract recommends this thorough report on how the IMF sees the world to policy makers, business leaders, academics and students.
In this summary, you will learn
- What short- and medium-term risks loom for the global economy,
- How various regions are recovering at different rates and with different prospects,
- Why some countries should undertake public infrastructure spending, and
- How current account imbalances have evolved.
About the Author
The International Monetary Fund is a global organization that provides advice and financing to member states in economic difficulties and works to reduce poverty in developing nations.