Summary of World Economic Outlook Update

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

World Economic Outlook Update summary
Start getting smarter:
or see our plans




  • Analytical


The year 2016 brought unremarkable, although somewhat better, economic activity around the world. Economists at the International Monetary Fund are guardedly optimistic in their predictions for 2017 and beyond, which they admit are subject to a large number of unknowns, chief among them the cross-border impacts of the Trump administration’s policies. However events unfold, the job of policy makers won’t be easy: Ensuring financial stability and improving work opportunities and living standards for those whom globalization has overlooked will require wide-reaching cooperation. getAbstract recommends this timely analysis to investors, executives and economists.

About the Author

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



The world economy in 2016 experienced steady but unexceptional growth: Global GDP grew at an annual rate of 3% in each of the first three quarters of the year, and analysts expect the full year to come in at 3.1%. The US economy ended up stronger in the second half of 2016 than in the first, but the euro area performed below its capacity overall, as weaker output in the region attests. Japan’s economy fared better than expected, as did the United Kingdom’s, despite Brexit.

Emerging markets and developing economies yielded mixed results. China...

More on this topic

Customers who read this summary also read

Global Waves of Debt
Fiscal Therapy
The American Economy
Russia’s Growth Problem
The Global Risks Report 2019
The 2018 Report of the Lancet Countdown on Health and Climate Change

Related Channels

Comment on this summary

  • Avatar
  • Avatar
    N. M. 3 years ago
    The getAbstract reads like a weather report and does not provide anything that would necessarily tantalise one's taste buds.