Sunday, July 22, 2018

IMF Update of the World Economic Outlook, July 2018

The IMF published, July 16, its World Economic Outlook Update. Its title " Less Even Expansion, Rising Trade Tensions " summarises well its content. 

In terms of growth projections for world GDP, as in April, this organization maintains that it shoud increase by 3.9% both this year and next. But its economists signal that "...As the global cyclical upswing approaches its two-year mark, the pace of expansion in some economies appears to have peaked and growth has become less synchronized across countries." They write also that "Risks Tittled to the Downside", notably because of increasing financial and trade tensions."