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World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

World Economic Outlook, April 2019

Growth Slowdown, Precarious Recovery

The global economic expansion decelerated in the second half of 2018 with global growth projected to slow to 3.3 percent in 2019, with risks to future growth on the downside.

IMF Estimates of Potential Output

IMF Estimates of Potential Output »

Source: IMF Estimates of Potential Output : Theory and Practice

Volume/Issue: 1997/177

Series: IMF Working Papers

Author(s): Paula De Masi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1997

ISBN: 9781451974980

Keywords: potential output, output gap, total factor productivity, industrial countries, growth rates, real gdp, growth rate

The concepts of potential output and the output gap are central to the IMF’s analytical work in providing policy recommendations to member governments. This key role has stimulated research at the IMF to dev...

Enhancing China’s Medium-Term Growth Prospects

Enhancing China’s Medium-Term Growth Prospects »

Source: Enhancing China's Medium-Term Growth Prospects : The Path to a High-Income Economy

Volume/Issue: 2013/204

Series: IMF Working Papers

Author(s): Malhar Nabar , and Papa N'Diaye

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 October 2013

ISBN: 9781484354957

Keywords: convergence, capital, investment, gdp, economy, income, Macroeconomic Analyses of Economic Development, Asia including Middle East,

China's current growth model-which has delivered steady and robust growth for two decades and lifted some 500 million individuals out of poverty-has become too reliant on credit and investment, and has begun to e...

The Global Trade Slowdown

The Global Trade Slowdown »

Source: The Global Trade Slowdown : Cyclical or Structural?

Volume/Issue: 2015/6

Series: IMF Working Papers

Author(s): Cristina Constantinescu , Aaditya Mattoo , and Michele Ruta

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 21 January 2015

ISBN: 9781498399135

Keywords: Global Trade Slowdown, Trade Elasticity, trade, elasticity, gdp, Country and Industry Studies of Trade, General,

This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slow...

Spillover Implications of China's Slowdown for International Trade

Spillover Implications of China's Slowdown for International Trade »

Source: Spillover Implications of China's Slowdown for International Trade

Volume/Issue: 2016/4

Series: Spillover Notes

Author(s): Patrick Blagrave , and Esteban Vesperoni

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 September 2016

ISBN: 9781475539462

Keywords: Export growth, Exports, Asia and Pacific, China, Commodities, Manufacturing, Spillovers, Trade, export intensity, final demand

Using a panel vector autoregression and a novel measure of export-intensity-adjusted final demand, this note studies spillovers from China's economic transition on export growth in 46 advanced and emerging market e...

The Prospects for Sustained Growth in Africa

The Prospects for Sustained Growth in Africa »

Source: The Prospects for Sustained Growth in Africa : Benchmarking the Constraints

Volume/Issue: 2007/52

Series: IMF Working Papers

Author(s): Arvind Subramanian , Jonathan Ostry , and Simon Johnson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2007

ISBN: 9781451866162

Keywords: Sustained growth, constraints, benchmark, gdp growth, growth rates, trade policies, gdp per capita, Economic Development: General, Economic Development: Regional, Urban

A dozen countries had weak institutions in 1960 and yet sustained high rates of growth subsequently. We use data on their characteristics early in the growth process to create benchmarks with which to evaluate pote...

Inequality, Poverty, and Growth

Inequality, Poverty, and Growth »

Source: Inequality, Poverty, and Growth : Cross-Country Evidence

Volume/Issue: 2005/28

Series: IMF Working Papers

Author(s): Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2005

ISBN: 9781451860474

Keywords: Inequality, growth, public expenditure, per capita income, economic growth, gini index, real gdp, gdp growth, Economic Growth and Aggregate Productivity: General, Financial Institutions and Services: General

This paper examines the empirical relationship between inequality and growth, and analyzes the impacts of growth, inequality, and government spending on poverty reduction. A new panel dataset has been assembled on...

Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows

Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows »

Source: Do the Gulf Oil-Producing Countries Influence Regional Growth? The Impact of Financial and Remittance Flows

Volume/Issue: 2008/167

Series: IMF Working Papers

Author(s): Nadeem Ilahi , and Riham Shendy

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2008

ISBN: 9781451870251

Keywords: Business cycle, growth linkages, North, South, GCC, regional linkage, decoupling, divergence, convergence, remittance

This paper tests the association between the Gulf Cooperation Council (GCC) countries' financial and remittance outflows and regional growth in the Middle East. The findings, based on 35-year panel data, indicate t...

De-Monopolization toward Long-Term Prosperity in China

De-Monopolization toward Long-Term Prosperity in China »

Source: De-Monopolization toward Long-Term Prosperity in China

Volume/Issue: 2012/75

Series: IMF Working Papers

Author(s): Ashvin Ahuja

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2012

ISBN: 9781475502275

Keywords: Aggregate Productivity, monopoly, tfp, gdp per capita, competitive equilibrium, Macroeconomic Analyses of Economic Development, Economic Growth And Aggregate Productivity,

During the past decade, the average Chinese earns roughly 9 times less and is 10 times less productive than the average American at purchasing power parity. Current consensus attributes large differences in output...

Foreword

Foreword »

Source: World Economic Outlook, April 2014 : Recovery Strengthens, Remains Uneven

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 April 2014

ISBN: 9781484308349

Keywords: inflation, monetary policy, real interest rates, gdp growth, real rates

The dynamics that were emerging at the time of the October 2013 World Economic Outlook are becoming more visible: The recovery then starting to take hold in advanced economies is becoming broader. Fiscal con...

Executive Summary

Executive Summary »

Source: World Economic Outlook, April 2014 : Recovery Strengthens, Remains Uneven

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 April 2014

ISBN: 9781484308349

Keywords: inflation, monetary policy, real interest rates, gdp growth, real rates

Global activity has broadly strengthened and is expected to improve further in 2014–15, with much of the impetus coming from advanced economies. Inflation in these economies, however, has undershot projectio...