World Economic Outlook, October 2012 : Coping with High Debt and Sluggish Growth
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
The October 2012 World Economic Outlook (WEO) assesses the prospects for the global recovery in light of such risks as the ongoing euro area crisis and the "fiscal cliff" facing U.S. policymakers. Reducing the risks to the medium-term outlook implies reducing public debt in the major advanced economies, and Chapter 3 explores 100 years of history of dealing with public debt overhangs. In emerging market and developing economies, activity has been slowed by policy tightening in response to capacity constraints, weaker demand from advanced economies, and country-specific factors, but policy improvements have raised these economies' resilience to shocks, an issue explored in depth in Chapter 4.
Series:
World Economic and Financial Surveys
Subject:
Adjustment process Budget estimates Commodity prices Debt reduction Euro
Frequency:
Quarterly
English
Publication Date:
October 8, 2012
ISBN/ISSN:
9781616353896/0256-6877
Stock No:
WEOEA2012002
Format:
Paper
Pages:
255
Please address any questions about this title to publications@imf.org