World Economic Outlook, October 1998 Financial Turbulence in the World Economy A Survey by the Staff of the IMF: Financial Turbulence in the World Economy A Survey by the Staff of the IMF

1999 ◽  
Author(s):  
International Monetary Fund
1979 ◽  
Vol 89 ◽  
pp. 24-37

The world economic outlook continues, in the eyes of most observers, to be dominated by the oil situation. It is clear that in May we were over-optimistic as regards both shortages and prices. Nevertheless some of the gloom that has been generated still seems to us rather excessive.


1987 ◽  
Vol 119 ◽  
pp. 24-39
Author(s):  
Simon Wren-Lewis ◽  
Fiona Eastwood

Beginning with this Review, the World Economy chapter contains a number of changes in format and content. The first half of the chapter presents the main forecast, which for the first time is produced with the aid of a quarterly econometric model, GEM. The second half of the chapter will be devoted to one or more topical issues concerning the world economic outlook, using analysis based on econometric evidence or model simulations. In this Review we look at the prospects for the US current balance. An appendix briefly outlines the structure of GEM.


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