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2016 Article IV Consultation with the United States of America
Article

2016 Article IV Consultation with the United States of America

Concluding Statement of the IMF Mission

International Monetary Fund
IMF, 2016
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Editorial Rating

7

Qualities

  • Comprehensive
  • Visionary
  • Concrete Examples

Recommendation

Although the American economy may be at the top of the class today compared to other developed countries’ economic performance, it nonetheless faces a number of critical challenges. In this comprehensive summary, IMF professionals point to obstacles that stand in the way of continued US growth and urge against complacency. They also outline specific measures the American government could take to stimulate future growth. getAbstract suggests this report to policy makers, economists and investors.

Take-Aways

  • The United States has recovered from the Great Recession to a large extent: The unemployment rate is low, inflation is subdued and economic activity is healthy.
  • But hurdles to long-term growth include decaying infrastructure, a shrinking labor force, unequal income distribution, elevated poverty levels and weak productivity.
  • The United States should invest in infrastructure to boost economic growth, and it should reform immigration to counteract demographic shifts and raise labor capacity. The country should also avoid protectionist trade policies.

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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