Output synchronicity in the middle east, north africa, afghanistan, and pakistan and in the. Imf world economic outlook weo hopes, realities, and risks. The global agenda outlook 20 is a publication of the network of global agenda councils, a unique network of over 1,500 of the worlds most relevant experts from academia, business, civil society, government and international organizations. Imf executive board discussion of the outlook, march 2012 171 statistical appendix 175 assumptions 175 whats new 176 data and conventions 176 classification of countries 177 general features and composition of groups in the world economic outlook classification 177 table a. It offers a comprehensive overview of the world, drawing upon the foremost global intelligence network and its collective brainpower to explore the most important issues we all face in the coming year. As indicated by figure 1, in 20 and 2014 africas gdp is projected to grow by as much as 4.
Japan on the abenomics wave euro area is turning the corner from recession to recovery growth spillovers to emerging market economies. Restrictions on movement of people, goods and services, and containment measures such as factory closures have cut manufacturing and domestic demand sharply in china. Published every year based on objective data and dispassionate analysis, the world energy outlook weo provides critical analysis and insights on trends in energy demand and supply, and what they mean for energy security, environmental protection and economic development the first weo was published in 1977 and it has been an annual publication since 1998. World ethanol prices1 declined early in 2012 but regionally, market conditions varied.
The recovery should continue, perhaps accelerate a gdp growth rate of over 6 percent in 201920. A new global energy landscape is emerging, resetting longheld expectations for our energy future. Use this database to find data on national accounts, inflation, unemployment rates, balance of payments, fiscal indicators, trade for countries and country groups. World economic outlook rupa duttagupta deputy division chief research department international monetary fund united nations, october 22, 2012. The conference board is a global, independent business membership and research association working in the public interest global economic outlook the conference board the conference board uses cookies to improve our website, enhance your experience, and deliver relevant messages and offers about our products. Incorporating these recent developments and worldclass analysis, world energy outlook 20 presents a full update of energy projections through to 2035 and insights into what they mean for energy security, climate change, economic development and universal access to modern energy services. In the united states, ethanol prices began to rebound later in the year as the extent of the drought in the united states became apparent, driving up feedstock prices. Integrated paper on recent economic developments in sadc. Of course, current conditions and future challenges differ in regions throughout the world. Containing the epidemic and protecting people is the. World economic outlook transitions and tensions 1 rupa duttagupta deputy division chief research department, imf united nations, project link meetings, october 21, 20.
Starting with the july 20 weo update, indias data and forecasts are presented on a fiscal year basis. With 189 member countries, staff from more than 170 countries, and offices in over locations, the world bank group is a unique global partnership. Use the free adobe acrobat reader to view this pdf file. When countries are not listed alphabetically, they are ordered on the basis of economic size. Global agenda outlook 20 reports world economic forum. Policymakers cannot afford to relax their efforts policy action has reduced tail risks and financial markets have rallied, but important brakes remain in place. On july 1, 20, croatia became the 28th member state of the european union. Global agenda outlook 20 is a publication of the network of global agenda councils, a unique network of over 1,500 of the worlds most relevant experts from academia, business, civil society, government and international organizations. Economic growth is still expected to drive further reductions in poverty.
The impact on the rest of the world through business travel and tourism, supply chains, commodities and lower confidence is growing. Global growth is in low gear, and the drivers of activity are changing. Overall, the revision does not significantly change the imf staffs broad view on the u. The oecd economic outlook is the oecds twiceyearly analysis of the major economic trends and prospects for the next two years. Annual economic outlook 20 the economic and investment prospects for 20 depend primarily on how quickly the developed economies especially the us, the eurozone and the uk can facilitate balancesheet repair in the private sector households and. The international energy outlook presents an assessment by the u. The update covers issues ranging from macroeconomic management and financialmarket dynamics to the complex. The impact of the covid19 outbreak on economic prospects is severe growth was weak but stabilising until the coronavirus covid19 hit. Imf world economic outlook weo update growing pains, july.
The preliminary estimates from the international monetary fund imf world economic outlook april, 2014 indicated that world output grew moderately by 3. The economic outlook eo database includes a comprehensive and consistent set of macroeconomic data for the 36 oecd countries and 11 nonoecd countries argentina, brazil, bulgaria, china, colombia, costa rica, india, indonesia romania, russia, south. Projections for cyprus, which were excluded in april 20 due to the crisis, are once again included. Oecd ilibrary oecd economic outlook, volume 2014 issue 1. Learn how the world bank group is helping countries with covid19 coronavirus. World economic outlook october 2017 research department, international monetary fund.
Industrial production, trade, capital flows, oil consumption, unemployment rate, per. The global economy faces its biggest danger since the financial crisis. Imf executive board discussion of the outlook, september 20. The global economic growth still remains weak, althoughthere are indications of slow recovery. Adbs asian development outlook ado 20 estimates that regional economic growth in the asia pacific region will pick up to 6. This report provides insights and views into pressing global. The world economic outlook weo database contains selected macroeconomic data series from the statistical appendix of the world economic outlook report, which presents the imf staffs analysis and projections of economic developments at the global level, in major country groups and in many individual countries. The analysis and projections contained in the world economic outlook are integral elements of the imfs. This is a distinct improvement on 2012, when growth stood at just over 6%. Weo update in a nutshell advanced economy growth has picked up robust private demand in the u. Global growth is projected to rise from an estimated 2. The global economic outlook is complemented with an analysis of a selected topical issue from the world economy. Chart data can be accessed by rightclicking the chart in the ppt file. A positive outlook by and large, the countrys short.
Imf world economic outlook weo, october 20 table of contents. The outlook on the global agenda 2014 provides a topofmind perspective from the global agenda councils on the challenges and opportunities of the coming 1218 months. European economic forecast winter 20 european economy 120. Department of economic and social affairs and the world banks development prospects group. In this edition of the global economic outlook, weve included regional sections for the us, asia, and europe that describe the underlying forces that will shape growth in the short and medium term. Energy information administration of the outlook for international energy markets through 2050 pdf ppt note. Outlook on the global agenda 2014 world economic forum.
If no source is listed on tables and figures, data are drawn from the weo database. The liberian economy has faced uncertainty in the past two years due to declining mining exports and rising inflation and currency depreciation. Global growth is projected to remain subdued at slightly above 3 percent. Global agenda outlook 20 is a publication of the network of global agenda councils, a unique network of over 1,500 of the world s most relevant experts from academia, business, civil society, government and international organizations. Classification by world economic outlook groups and their shares.
Weo global growth forecast only slightly better for 20 shortterm risk picture has improved, but important mediumterm downside risks remain present. Global economic prospects have improved again, but the bumpy recovery. Coverage is provided for all oecd member countries as well as for selected nonmember countries. Isbn 9789221292609 web pdf international labour office. The international monetary fund imf is an international organization headquartered in washington, d. The following is a list of the most cited articles based on citations published in the last three years, according to crossref. We do so at a time when the worlds recovery from the global recession remains uncertain, causing manyamiliesf to feel.
The favorable midterm economic outlook for africa will be mainly driven by improvement of global economic outlook and enhanced macroeconomic stability in african countries. The outlook puts forward a consistent set of projections for output, employment, prices, fiscal and current account balances. Row rest of the world economic variables and institutions bcs business and consumer surveys. Imf world economic outlook weo transitions and tensions. Global economic prospects have improved again, but the bumpy recovery and skewed macroeconomic policy mix in advanced economies are. Most key indicators reveal a sharp acceleration in economic activity in 2017 compared to the two previous years. Imf executive board discussion of the outlook, april 20. The international monetary fund defines a global recession as a decline in annual per.