Regional Economic Outlook, April 2018, Western Hemisphere Department : Seizing the Momentum

The world economy and global trade are experiencing a broad-based cyclical upswing. Since October 2017, global growth outcomes and the outlook for 2018-19 have improved across all regions, reinforced by the expected positive near-term spillovers from tax policy changes in the United States. Accommod...

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Bibliographic Details
Corporate Author: International Monetary Fund Western Hemisphere Department
Format: Book
Language:English
Published: Washington, D.C. : International Monetary Fund, 2018
Washington, D.C. : 2018
Series:IMF eLibrary
Regional Economic Outlook
Subjects:
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520 3 |a The world economy and global trade are experiencing a broad-based cyclical upswing. Since October 2017, global growth outcomes and the outlook for 2018-19 have improved across all regions, reinforced by the expected positive near-term spillovers from tax policy changes in the United States. Accommodative global financial conditions, despite some tightening and market volatility in early February 2018, have been providing support to economic recovery. Higher commodity prices are contributing to an improved outlook for commodity exporters. The US and Canadian economies posted solid gains in 2017 and are expected to grow above potential in the near term. Despite the improved near-term outlook, however, medium-term prospects are tilted downwards. Growth prospects for advanced economies are subdued and many emerging market and developing economies are projected to grow in per capita terms more slowly than advanced economies, raising concerns about income convergence. While risks appear broadly balanced in the near term, they skew to the downside over the medium term, including a possible sharp tightening of financial conditions, waning popular support for global economic integration, growing trade tensions and risks of a shift toward protectionist policies, and geopolitical strains 
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650 7 |a Environmental management  |2 imf 
650 7 |a Fiscal Policy  |2 imf 
650 7 |a Fiscal consolidation  |2 imf 
650 7 |a Fiscal policy  |2 imf 
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650 7 |a Inflation  |2 imf 
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650 7 |a Poverty  |2 imf 
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650 7 |a Public finance & taxation  |2 imf 
650 7 |a Social welfare & social services  |2 imf 
650 7 |a Welfare, Well-Being, and Poverty: General  |2 imf 
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651 7 |a Bolivia  |2 imf 
651 7 |a Haiti  |2 imf 
651 7 |a Honduras  |2 imf 
651 7 |a Panama  |2 imf 
651 7 |a United States  |2 imf 
776 0 8 |i Print Version:  |t Regional Economic Outlook, April 2018, Western Hemisphere Department: Seizing the Momentum  |d Washington, D.C. : International Monetary Fund, 2018 
776 0 8 |i Print Version:  |t Regional Economic Outlook, April 2018, Western Hemisphere Department: Seizing the Momentum  |d Washington, D.C. : International Monetary Fund, 2018.  |z 9781484354674 
776 0 8 |i Print Version:  |t Regional Economic Outlook, April 2018, Western Hemisphere Department: Seizing the Momentum  |d Washington, D.C. : International Monetary Fund, 2018.  |z 9781484354773 
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