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World Economic Outlook Update, January 2018
Report

World Economic Outlook Update, January 2018

Brighter Prospects, Optimistic Markets, Challenges Ahead

IMF, 2018

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Editorial Rating

8

Qualities

  • Overview
  • Hot Topic
  • Insider's Take

Recommendation

This detailed and discerning look at the world economy from the IMF notes that global GDP gained steam in 2017, continuing the momentum that started in the middle of 2016. With a weak inflationary environment persisting across the advanced countries, the potential exists for further economic strengthening coming from increased investment, elevated consumer confidence and significant stimulus from the US tax cuts. But risks, as always, accompany the previews for 2018 and 2019. getAbstract recommends this insider’s report to executives, investors and economists.

Take-Aways

  • In 2017, the global GDP growth rate – an average 3.7% – reached its most robust level since 2010.
  • Powering the upswing were the advanced economies of Germany, Japan, South Korea and the United States, along with Brazil, China and South Africa in the developing world.
  • Researchers predict 3.9% global growth for 2018 and 2019.

About the Author

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