The IMF has recently released the latest World Economic Outlook (WEO), “Challenges to Steady Growth.”
The report projects that global growth will remain steady over this year and next, at last year’s rate of 3.7 percent. This growth exceeds that achieved in any of the years between 2012 and 2016, and it occurs as many economies have reached or are nearing full employment and as earlier deflationary fears have dissipated. Thus, policymakers still have an excellent opportunity to build resilience and implement growth enhancing reforms.
Read the full World Economic Outlook October 2018 Update here.