Author
International Monetary Fund. Research Dept.
Publication Date
2017
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Exports and Imports, Finance: General, Labor, Macroeconomics, Public Finance, Wages, Compensation, and Labor Costs: General, General Financial Markets: General (includes Measurement and Data), Commodity Markets, General Aggregative Models: General, Current Account Adjustment, Short-term Capital Movements, Labour, income economics, Finance, International economics, Globalization, Labor share, Emerging and frontier financial markets, Commodity prices, National accounts, Personal income, Wages, Financial services industry, Prices, National income, Balance of payments, United States, Income economics
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Library
Wesleyan University Library
Library Asset ID
ISBN : 9781475597905, ISBN : 1475597908, ISBN : 9781475597899, ISBN : 1475597894
Record ID
alma9932831356503768
Library Location
See online access
Date
2017
Notes
Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook. World growth is expected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic financial markets are all upside developments. But structural impediments to a stronger recovery and a balance of risks that remains tilted to the downside, especially over the medium term, remain important challenges. Chapter 2 examines how changes in external conditions may affect the pace of income convergence between advanced and emerging market and developing economies. Chapter 3 looks at the declining share of income that goes to labor, including the root causes and how the trend affects inequality. Overall, this report stresses the need for credible strategies in advanced economies and in those whose markets are emerging and developing to tackle a number of common challenges in an integrated global economy.
Seri
World Economic Outlook, World Economic Outlook; World Economic Outlook ; No. 2017/001
