World Economic Outlook - October 2016 : Subdued Demand: Symptoms and Remedies

World Economic Outlook - October 2016 : Subdued Demand: Symptoms and Remedies

Place: 
Washington
Publisher: 
International Monetary Fund
Phys descriptions: 
289p.: graphs, tables, figures
Date published: 
2016
Corporate Author: 
International Monetary Fund
ISBN: 
978-1-47553-996-7
ISSN: 
0256-6877
Abstract: 

Global growth is projected to slow to 3.1 percent in 2016 before recovering to 3.4 percent in 2017. The forecast, revised down by 0.1 percentage point for 2016 and 2017 relative to April, reflects a more subdued outlook for advanced economies following the June U.K. vote in favor of leaving the European Union (Brexit) and weaker-than-expected growth in the United States. These developments have put further downward pressure on global interest rates, as monetary policy is now expected to remain accommodative for longer.

Language: 
Series: 
World Economic and Financial Surveys

CITATION: International Monetary Fund. World Economic Outlook - October 2016 : Subdued Demand: Symptoms and Remedies . Washington : International Monetary Fund , 2016. - Available at: https://library.au.int/world-economic-outlook-october-2016-subdued-demand-symptoms-and-remedies-0