Monday, January 27, 2020

Modest growth of the world economy, according to the IMF

The IMF published, January 20, its World Economic Outlook Update. Production growth could be higher in 2020 and 2021 than in 2019; however, it would still be under the historical trend.


The downward risks associated to these projections remain important, according to IMF economists. Geopolitical tensions in the Middle East, trade disputes between the United States and its partners, social troubles in countries like India and extreme climatic conditions could influence negatively economic conditions. Add to those the consequences of the eventual contagion of the coronavirus.