Author
International Monetary Fund. Research Dept.
Publication Date
2019
Publication Place
Washington, D.C. -
International Monetary Fund
Subject
Balance of trade, Current Account Adjustment, Emerging and frontier financial markets, Empirical Studies of Trade, Exports and Imports, Finance, Finance: General, Financial services industry, General Aggregative Models: General, General Financial Markets: General (includes Measurement and Data), Income economics, International economics, International Trade Organizations, International trade, Labor, Labour, Macroeconomics, National accounts, National income, Plurilateral trade, Public finance & taxation, Short-term Capital Movements, Tariff, Tariffs, Taxation, Trade balance, Trade Policy, United States
Type
Book
Language
Arabic
Digital
Yes
Manuscript
No
Library
Wesleyan University Library
Library Asset ID
ISBN : 9781498313483, ISBN : 1498313485, ISBN : 9781498313391, ISBN : 1498313396
Record ID
alma9932831449003768
Library Location
See online access
Date
2019
Notes
After strong growth in 2017 and early 2018, global economic activity slowed notably in the second half of last year, reflecting a confluence of factors affecting major economies. China’s growth declined following a combination of needed regulatory tightening to rein in shadow banking and an increase in trade tensions with the United States. The euro area economy lost more momentum than expected as consumer and business confidence weakened and car production in Germany was disrupted by the introduction of new emission standards; investment dropped in Italy as sovereign spreads widened; and external demand, especially from emerging Asia, softened. Elsewhere, natural disasters hurt activity in Japan. Trade tensions increasingly took a toll on business confidence and, so, financial market sentiment worsened, with financial conditions tightening for vulnerable emerging markets in the spring of 2018 and then in advanced economies later in the year, weighing on global demand. Conditions have eased in 2019 as the US Federal Reserve signaled a more accommodative monetary policy stance and markets became more optimistic about a US–China trade deal, but they remain slightly more restrictive than in the fall.
Seri
World Economic Outlook, World Economic Outlook; World Economic Outlook ; No. 2019/001
