Deeper Analysis
Evolution of Global Growth since 1994
October 9, 2012
New real growth forecasts released by the IMF show average annual world economic expansion in 2011-13 of 3.6% and 3.8% in the decade through 2013. Those projections are down from actual growth of 5.0% in 2004-2007 but a shade higher than the 3.4% per year pace sustained in the decade through 2003. The growth rate […] More
New Overnight Developments Abroad - Daily Update
Gloomy Report from IMF
October 9, 2012
A new World Economic Outlook with downwardly revised growth forecasts was released by the IMF. Projected global growth in 2012 and 2013 was revised to 3.3% and 3.6% from estimates made in July of 3.5% and 3.9%. The euro area will contract 0.4% in 2012 and rebound just 0.2% in 2013 (the latter being trimmed […] More