How to order
IMF Publications

Other Publications

Recent Titles

Working Papers in full text
2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All


Country Reports in full text
2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 All


Staff Discussion Notes in full text
2014 2013 2012 2011 2010 2009 All


Technical Notes and Manuals in full text
2014 2013 2012 2011 2010 2009 All



World Economic Outlook, October 2007: Globalization and Inequality

Author/Editor: International Monetary Fund. Research Dept.
Electronic Access: Free Full Text

Summary: The global economy grew strongly in the first half of 2007, although turbulence in financial markets has clouded prospects. While the 2007 forecast has been little affected, the baseline projection for 2008 global growth has been reduced by almost ½ percentage point relative to the July 2007 World Economic Outlook Update. This would still leave global growth at a solid 4¾ percent, supported by generally sound fundamentals and strong momentum in emerging market economies. Risks to the outlook, however, are firmly on the downside, centered around the concern that financial market strains could deepen and trigger a more pronounced global slowdown. Thus, the immediate focus of policymakers is to restore more normal financial market conditions and safeguard the expansion. Additional risks to the outlook include potential inflation pressures, volatile oil markets, and the impact on emerging markets of strong foreign exchange inflows. At the same time, longer-term issues such as population aging, increasing resistance to globalization, and global warming are a source of concern.
 
Order a print copy
Series: World Economic Outlook
Frequency: Biannually
Notes: Also available in Arabic, Chinese,French, Russian and Spanish.
 
Arabic  
    Published:   January 9, 2008        
    ISBN/ISSN:   978-1-58906-691-5 / 1020-508X   Format:   Paper
    Stock No:   WEOAA2007002   Pages:   218
    Price:   Free        
English  
    Published:   April 11, 2007        
    ISBN/ISSN:   978-1-58906-688-5 / 0256-6877   Format:   Paper
    Stock No:   WEOEA2007002   Pages:   274
    Price:   US$57.00        
     
Academic Rate: US$54.00
Please address any questions about this title to publications@imf.org.