The world appears to be walking an economic tightrope, according to this timely update from the International Monetary Fund. Its experts forecast only modest increases in economic activity in 2016 and 2017 after moderate results in 2015. Three major adverse factors – China’s economic transition troubles, lower commodity prices and tightening US monetary policy – are shaping global activity. Any unexpected worsening of these negative forces could prompt declines in future growth. getAbstract recommends this authoritative and sobering report to policy makers, executives and investors.
In this summary, you will learn
- What the International Monetary Fund forecasts for global growth in 2016 and 2017,
- What forces are driving these predictions, and
- What countries might do to prevent further declines.
About the Author
The International Monetary Fund advises member nations on policy issues and works to promote economic stability and well-being.