World Economic Outlook, April 2012: Growth Resuming, Dangers Remain

 
 
Publication Date: April 17, 2012
 
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Summary: The April 2012 issue of the World Economic Outlook assesses the prospects for the global economy, which has gradually strengthened after a major setback during 2011. The threat of a sharp global slowdown eased with improved activity in the United States and better policies in the euro area. Weak recovery will likely resume in the major advanced economies, and activity will remain relatively solid in most emerging and developing economies. However, recent improvements are very fragile. Policymakers must calibrate policies to support growth in the near term and must implement fundamental changes to achieve healthy growth in the medium term. Chapter 3 examines how policies directed at real estate markets can accelerate the improvement of household balance sheets and thus support otherwise anemic consumption. Chapter 4 examines how swings in commodity prices affect commodity-exporting economies, many of which have experienced a decade of good growth. With commodity prices unlikely to continue growing at the recent elevated pace, however, these economies may have to adapt their fiscal and other policies to lower potential output growth in the future.
 
Series: World Economic Outlook
Subject(s): Africa | Asia | Banking sector | Budget deficits | Capital account | Capital inflows | Central banks | Commodity prices | Consumer price indexes | Consumption | Current account balances | Economic growth | Economic indicators | Energy prices | Europe | Fiscal policy | Fiscal sustainability | Housing | Monetary policy | Middle East and Central Asia | Latin America | Oil prices | Spillovers | United States | Western Hemisphere | World Economic Outlook | Agricultural commodities | Bank soundness | Banking crisis | Coffee | Copper | Debt sustainability | Domestic debt

Author's Keyword(s): Africa | Asia | Banking sector | Budget deficits | Capital account | Capital inflows | Central banks | Commodity prices | Consumer price indexes | Consumption | Current account balances | Economic growth | Economic indicators | Energy prices | Europe | Fiscal policy | Fiscal sustainability | Household debt | Housing | Monetary policy | Middle East and Central Asia | Latin America | Oil prices | Spillovers | United States | Western Hemisphere | World Economic Outlook
 
English
Publication Date: April 17, 2012
ISBN/ISSN: 9781616352462 Format: Paper
Stock No: WEOEA2012001 Pages: 294
Price:
US$68.00
 
 
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