World Economic Outlook

World Economic Outlook, October 2013: Transition and Tensions

Publication Date:

October 8, 2013

Electronic Access:

Link to Table of Contents

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but must continue financial sector repair, pursue fiscal consolidation, and spur job growth. Emerging market economies face the dual challenges of slowing growth and tighter global financial conditions. This issue of the World Economic Outlook examines the potential spillovers from these transitions and the appropriate policy responses. Chapter 3 explores how output comovements are influenced by policy and financial shocks, growth surprises, and other linkages. Chapter 4 assesses why certain emerging market economies were able to avoid the classical boom-and-bust cycle in the face of volatile capital flows during the global financial crisis.

Series:

World Economic Outlook No. 2013/002

Subject:

Balance of payments Capital flows Capital inflows Current account Emerging and frontier financial markets Financial crises Financial markets Global financial crisis of 2008-2009 Inflation Prices

Notes:

Full text also available in French, Chinese, and Russian.

Frequency:

Biannually