GLOBAL ECONOMIC OUTLOOK

WHAT IS THE NEAR-TERM GLOBAL ECONOMIC OUTLOOK ? : STILL COPING WITH HIGH DEBT & SLUGGISH GROWTH.

  1. http://www.imf.org/external/pubs/ft/weo/2012/02/pdf/text.pdf
  2. Interim_Assessment_Handout_(06_September_2012)

 

EXECUTIVE SUMMARY / SOURCE : OCDE INTERIM ASSESSMENT HANDOUT :

  1. THE GROWTH OUTLOOK IS WEAK.
  2. UNCERTAINTY AROUND THE NEAR-TERM PROJECTIONS IS HIGH.
  3. RISKS TO THE OUTLOOK REMAIN SIGNIFICANT.
  4. THE EURO AREA CRISIS HAS HIT CONFIDENCE AROUND THE WORLD.
  5. WORLD OUTPUT AND TRADE HAVE BOTH DECELERATED MARKEDLY.
  6. MONETARY POLICY COULD BE EVEN MORE SUPPORTIVE,ESPECIALLY IN THE EURO AREA.
  7. FISCAL POLICY POSES A RISK IN SOME ECONOMIES.
  8. EURO AREA INTERNAL ADJUSTMENTS HAVE BEGUN, BUT THERE IS A CONSIDERABLE WAY TO GO.

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