## IMF World Economic Outlook (WEO) -- Globalization and Inflation, April 2006

_World Economic Outlook, April 13, 2006_

## Source details

**Canonical URL:** [IMF World Economic Outlook (WEO) -- Globalization and Inflation, April 2006](https://www.imf.org/en/publications/weo/issues/2016/12/31/globalization-and-inflation)

## Other formats

- [Markdown version](/en/publications/weo/issues/2016/12/31/globalization-and-inflation/index.md)
- [Structured JSON version](/en/publications/weo/issues/2016/12/31/globalization-and-inflation/index.json)
- [Bundle manifest](/en/publications/weo/issues/2016/12/31/globalization-and-inflation/bundle-manifest.json)

## Bibliographic details
- Published: April 13, 2006
- Series: World Economic Outlook

---

### Overview
- Publication: World Economic Outlook
- Issue: April 2006
- Purpose: Presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. Focuses on major economic policy issues as well as on the analysis of economic developments and prospects. Usually prepared twice a year as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF's global surveillance activities.
- Access notes on the page:
  - View the webcast of the WEO Press Conference
  - View the Full Text of the WEO and chapter files below (use the free Adobe Acrobat Reader).
  - Technical Information: Using PDF Files; Using CSV Files; Viewing Webcasts
  - Email notification sign-up: Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.
- Related transcripts listed:
  - Transcript of the World Economic Outlook Press Conference, April 19, 2006
  - Transcript of World Economic Outlook Conference Call on the Analytic Chapters, April 13, 2006

### Contents and Major Chapters
- Assumptions and Conventions; Preface; Foreword
- Chapter I. Economic Prospects and Policy Issues
  - Full Text; Boxes; Charts
  - Regional and thematic sections include:
    - United States and Canada: Robust Growth Set to Continue, but the U.S. Housing Market Is a Key Uncertainty
    - Western Europe: Is the Expansion Finally Gaining Traction?
    - Japan and Other Industrial Countries in Asia: Managing Three Major Transitions in Japan
    - Emerging Asia: Strong Growth Expected to Continue
    - Latin America: Improving the Business Climate Key to Raising Long-Term Growth
    - Emerging Europe: Addressing Rising Current Account Deficits
    - Commonwealth of Independent States: A Rebalancing of Growth is Needed to Sustain the Expansion
    - Africa: Sustaining the Recent Growth Acceleration
    - Middle East: Booming Asset Prices Across the Region
  - Appendices: 1.1 Recent Developments in Commodity Markets; 1.2 The Global Implications of an Avian Flu Pandemic; References
- Chapter II. Oil Prices and Global Imbalances
  - Summary; Video Briefing/Sound bites; Transcript of Video Presentation
  - Sections include: How Does the Current Oil Price Shock Compare with Previous Episodes?; How Will the Current Oil Price Shock Affect Global Imbalances?; Conclusions
  - Appendix 2.1 Oil Prices and Global Imbalances: Methodology, Data, and Further Results
- Chapter III. How Has Globalization Affected Inflation?
  - Sections listed on the page:
    - Recent Inflation Developments
    - Understanding Globalization and Inflation: A Broad Framework
    - Globalization and Inflation: An Aggregate Perspective
    - A Sectoral Perspective on Globalization and Prices
    - A Cost Perspective on the Moderation in Sectoral Producer Prices
    - Summary and Policy Conclusions
  - Appendices: Appendix 3.1 Sample Composition, Data Sources, and Methods; Appendix 3.2 A Sectoral Perspective on Globalization and Inflation
- Chapter IV. Awash With Cash: Why Are Corporate Savings So High?
  - Sections listed on the page:
    - What Has Been Driving the Increase in Corporate Excess Saving?
    - Are Current Trends in Corporate Excess Saving Sustainable?
  - Appendix 4.1. Econometric Methodology

### Analytic Boxes and Notable Supporting Materials (as listed)
- Chapter I Boxes include: 1.1 Long-Term Interest Rates from a Historical Perspective; 1.2 The Impact of Recent Housing Market Adjustments in Industrial Countries; 1.3 How Accurate Are the Forecasts in the World Economic Outlook?; 1.4 How Much Progress Has Been Made in Addressing Global Imbalances?; 1.5 The Doha Round After The Hong Kong SAR Meetings; 1.6 China’s GDP Revision: What Does It Mean for China and The Global Economy?; 1.7 The Spanish Flu of 1918–19
- Chapter II Boxes include: 2.1 How Rapidly Are Oil Exporters Spending Their Revenue Gains?; 2.2 Recycling Petrodollars in the 1970s; 2.3 The Impact of Petrodollars on U.S. and Emerging Market Bond Yields
- Chapter III Boxes include: 3.1 Globalization and Inflation in Emerging Markets; 3.2 Globalization and Low Inflation in a Historical Perspective; 3.3 Exchange Rate Pass-Through to Import Prices
- Chapter IV Boxes include: 4.1 Drawing the Line Between Personal and Corporate Savings; 4.2 Trends in the Financial Sector’s Profits and Savings

### Data, Tables, Charts, and Appendices (files and sizes as listed)
- Full-text and chapter files available; sample file sizes listed on the page:
  - Contents: 189 kb
  - Chapter IV files referenced: 61 kb
  - Annex: IMF Executive Board Discussion of the Outlook, March 2006 — Statistical Appendix: 361 kb
  - Statistical Appendix (additional): 68 kb
- Statistical Appendix sections and tables include:
  - Assumptions; What’s New; Data and Conventions; Classification of Countries; List of Tables
  - Tables cover: Output (Tables 1–6); Inflation (Tables 7–11); Financial Policies (Tables 12–19); Foreign Trade (Tables 20–24); Current Account Transactions (Tables 25–31); Balance of Payments and External Financing (Tables 32–36); External Debt and Debt Service (Tables 37–42); Flow of Funds (Table 43); Medium-Term Baseline Scenario (Tables 44–45)
- Selected charts and tables enumerated for chapters I–IV (chart and table identifiers preserved as listed, e.g., 1.1, 2.4, 3.10, 4.6, etc.)

### Chapter III (Globalization and Inflation) — Page-listed Structure and Focus Areas
- Core topical headings present on the page (no chapter content provided on the landing page itself):
  - Recent Inflation Developments
  - Understanding Globalization and Inflation: A Broad Framework
  - Globalization and Inflation: An Aggregate Perspective
  - A Sectoral Perspective on Globalization and Prices
  - A Cost Perspective on the Moderation in Sectoral Producer Prices
  - Summary and Policy Conclusions
- Appendices linked for methods and sectoral perspective:
  - Appendix 3.1 Sample Composition, Data Sources, and Methods
  - Appendix 3.2 A Sectoral Perspective on Globalization and Inflation

### Key structural and navigational notes from the landing page
- The WEO issue is presented with a hierarchical table of contents linking to full text and individual chapter files.
- The landing page lists numerous charts, tables, and boxes supporting the analytic chapters, including detailed tabulations for regions and sectors.
- The page provides technical instructions for accessing PDFs and CSVs and for viewing webcasts.

*IMF World Economic Outlook (WEO) -- Globalization and Inflation, April 2006 (landing page contents).*

---

## Content in this bundle

- **Box1_1.pdf**
  - [Box1_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box11pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box1_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box11pdf.pdf){rel="external" type="application/pdf"}
- **Box1_2_1.pdf**
  - [Box1_2_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box121pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box1_2_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box121pdf.pdf){rel="external" type="application/pdf"}
- **Box1_2_2.pdf**
  - [Box1_2_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box122pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box1_2_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box122pdf.pdf){rel="external" type="application/pdf"}
- **Box1_4_1.pdf**
  - [Box1_4_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box141pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box1_4_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box141pdf.pdf){rel="external" type="application/pdf"}
- **Box1_4_2.pdf**
  - [Box1_4_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box142pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box1_4_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box142pdf.pdf){rel="external" type="application/pdf"}
- **Box1_6.pdf**
  - [Box1_6.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box16pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box1_6.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_box16pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_10.pdf**
  - [Fig1_10.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig110pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_10.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig110pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_11.pdf**
  - [Fig1_11.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig111pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_11.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig111pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_12.pdf**
  - [Fig1_12.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig112pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_12.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig112pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_13.pdf**
  - [Fig1_13.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig113pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_13.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig113pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_14.pdf**
  - [Fig1_14.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig114pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_14.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig114pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_15.pdf**
  - [Fig1_15.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig115pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_15.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig115pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_16.pdf**
  - [Fig1_16.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig116pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_16.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig116pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_17.pdf**
  - [Fig1_17.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig117pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_17.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig117pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_18.pdf**
  - [Fig1_18.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig118pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_18.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig118pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_19.pdf**
  - [Fig1_19.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig119pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_19.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig119pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_1.pdf**
  - [Fig1_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig11pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig11pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_20.pdf**
  - [Fig1_20.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig120pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_20.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig120pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_21.pdf**
  - [Fig1_21.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig121pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_21.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig121pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_22.pdf**
  - [Fig1_22.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig122pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_22.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig122pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_23.pdf**
  - [Fig1_23.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig123pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_23.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig123pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_24.pdf**
  - [Fig1_24.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig124pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_24.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig124pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_25.pdf**
  - [Fig1_25.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig125pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_25.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig125pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_2.pdf**
  - [Fig1_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig12pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig12pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_3.pdf**
  - [Fig1_3.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig13pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_3.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig13pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_4.pdf**
  - [Fig1_4.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig14pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_4.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig14pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_5.pdf**
  - [Fig1_5.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig15pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_5.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig15pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_6.pdf**
  - [Fig1_6.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig16pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_6.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig16pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_7.pdf**
  - [Fig1_7.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig17pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_7.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig17pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_8.pdf**
  - [Fig1_8.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig18pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_8.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig18pdf.pdf){rel="external" type="application/pdf"}
- **Fig1_9.pdf**
  - [Fig1_9.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig19pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig1_9.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp1pdf/_fig19pdf.pdf){rel="external" type="application/pdf"}
- **Box2_1_1.pdf**
  - [Box2_1_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_box211pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box2_1_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_box211pdf.pdf){rel="external" type="application/pdf"}
- **Box2_1_2.pdf**
  - [Box2_1_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_box212pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box2_1_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_box212pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_1.pdf**
  - [Fig2_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig21pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig21pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_2.pdf**
  - [Fig2_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig22pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig22pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_3.pdf**
  - [Fig2_3.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig23pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_3.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig23pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_4.pdf**
  - [Fig2_4.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig24pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_4.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig24pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_5.pdf**
  - [Fig2_5.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig25pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_5.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig25pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_6.pdf**
  - [Fig2_6.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig26pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_6.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig26pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_7_1.pdf**
  - [Fig2_7_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig271pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_7_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig271pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_7_2.pdf**
  - [Fig2_7_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig272pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_7_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig272pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_8_1.pdf**
  - [Fig2_8_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig281pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_8_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig281pdf.pdf){rel="external" type="application/pdf"}
- **Fig2_8_2.pdf**
  - [Fig2_8_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig282pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig2_8_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp2pdf/_fig282pdf.pdf){rel="external" type="application/pdf"}
- **Box3_1.pdf**
  - [Box3_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_box31pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box3_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_box31pdf.pdf){rel="external" type="application/pdf"}
- **Box3_2.pdf**
  - [Box3_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_box32pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box3_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_box32pdf.pdf){rel="external" type="application/pdf"}
- **Box3_3.pdf**
  - [Box3_3.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_box33pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box3_3.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_box33pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_10.pdf**
  - [Fig3_10.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig310pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_10.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig310pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_11.pdf**
  - [Fig3_11.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig311pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_11.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig311pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_12.pdf**
  - [Fig3_12.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig312pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_12.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig312pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_13.pdf**
  - [Fig3_13.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig313pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_13.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig313pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_1.pdf**
  - [Fig3_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig31pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig31pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_2.pdf**
  - [Fig3_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig32pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig32pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_3.pdf**
  - [Fig3_3.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig33pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_3.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig33pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_4.pdf**
  - [Fig3_4.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig34pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_4.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig34pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_5.pdf**
  - [Fig3_5.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig35pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_5.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig35pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_6.pdf**
  - [Fig3_6.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig36pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_6.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig36pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_7.pdf**
  - [Fig3_7.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig37pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_7.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig37pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_8.pdf**
  - [Fig3_8.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig38pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_8.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig38pdf.pdf){rel="external" type="application/pdf"}
- **Fig3_9.pdf**
  - [Fig3_9.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig39pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig3_9.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp3pdf/_fig39pdf.pdf){rel="external" type="application/pdf"}
- **Box4_1_1.pdf**
  - [Box4_1_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box411pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box4_1_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box411pdf.pdf){rel="external" type="application/pdf"}
- **Box4_1_2.pdf**
  - [Box4_1_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box412pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box4_1_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box412pdf.pdf){rel="external" type="application/pdf"}
- **Box4_2_1.pdf**
  - [Box4_2_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box421pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box4_2_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box421pdf.pdf){rel="external" type="application/pdf"}
- **Box4_2_2.pdf**
  - [Box4_2_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box422pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Box4_2_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_box422pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_1.pdf**
  - [Fig4_1.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig41pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_1.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig41pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_2.pdf**
  - [Fig4_2.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig42pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_2.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig42pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_3.pdf**
  - [Fig4_3.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig43pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_3.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig43pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_4.pdf**
  - [Fig4_4.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig44pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_4.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig44pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_5.pdf**
  - [Fig4_5.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig45pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_5.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig45pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_6.pdf**
  - [Fig4_6.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig46pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_6.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig46pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_7.pdf**
  - [Fig4_7.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig47pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_7.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig47pdf.pdf){rel="external" type="application/pdf"}
- **Fig4_8.pdf**
  - [Fig4_8.pdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig48pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Fig4_8.pdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/chp4pdf/_fig48pdf.pdf){rel="external" type="application/pdf"}
- **世界経済見通し（WEO), 2006年4月:　第２章の概要－原油価格とグローバルなインバランス**
  - [世界経済見通し（WEO), 2006年4月:　第２章の概要－原油価格とグローバルなインバランス (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/jpn/sumj.pdf.md){rel="alternate" type="text/markdown"}
  - [世界経済見通し（WEO), 2006年4月:　第２章の概要－原油価格とグローバルなインバランス (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/jpn/sumj.pdf){rel="external" type="application/pdf"}
- **World Economic Outlook; April 2006; IMF Executive Board Discussion of the Outlook; Annex**
  - [World Economic Outlook; April 2006; IMF Executive Board Discussion of the Outlook; Annex (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_annexpdf.pdf.md){rel="alternate" type="text/markdown"}
  - [World Economic Outlook; April 2006; IMF Executive Board Discussion of the Outlook; Annex (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_annexpdf.pdf){rel="external" type="application/pdf"}
- **World Economic Outlook; April 2006; Chapter I; Economic Prospects and Policy Issues**
  - [World Economic Outlook; April 2006; Chapter I; Economic Prospects and Policy Issues (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c1pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [World Economic Outlook; April 2006; Chapter I; Economic Prospects and Policy Issues (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c1pdf.pdf){rel="external" type="application/pdf"}
- **IMF World Economic Outlook, April 2006 - Chapter II. Oil Prices and Global Imbalances**
  - [IMF World Economic Outlook, April 2006 - Chapter II. Oil Prices and Global Imbalances (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c2pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF World Economic Outlook, April 2006 - Chapter II. Oil Prices and Global Imbalances (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c2pdf.pdf){rel="external" type="application/pdf"}
- **IMF World Economic Outlook, April 2006, Summary of Chapter II: Oil Prices and Global Imbalances**
  - [IMF World Economic Outlook, April 2006, Summary of Chapter II: Oil Prices and Global Imbalances (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c2sumpdf.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF World Economic Outlook, April 2006, Summary of Chapter II: Oil Prices and Global Imbalances (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c2sumpdf.pdf){rel="external" type="application/pdf"}
- **IMF World Economic Outlook, April 2006 - Chapter III. How Has Globalization Affected Inflation?**
  - [IMF World Economic Outlook, April 2006 - Chapter III. How Has Globalization Affected Inflation? (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c3pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF World Economic Outlook, April 2006 - Chapter III. How Has Globalization Affected Inflation? (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c3pdf.pdf){rel="external" type="application/pdf"}
- **Summary of Chapter III: How Has Globalization Affected Inflation?**
  - [Summary of Chapter III: How Has Globalization Affected Inflation? (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c3sumpdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Summary of Chapter III: How Has Globalization Affected Inflation? (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c3sumpdf.pdf){rel="external" type="application/pdf"}
- **Chapter Iv: Awash with Cash: Why Are Corporate Savings So High?**
  - [Chapter Iv: Awash with Cash: Why Are Corporate Savings So High? (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c4pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Chapter Iv: Awash with Cash: Why Are Corporate Savings So High? (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c4pdf.pdf){rel="external" type="application/pdf"}
- **Summary of Chapter IV: Awash with Cash: Why Are Corporate Savings So High?**
  - [Summary of Chapter IV: Awash with Cash: Why Are Corporate Savings So High? (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c4sumpdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Summary of Chapter IV: Awash with Cash: Why Are Corporate Savings So High? (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_c4sumpdf.pdf){rel="external" type="application/pdf"}
- **_frontmpdf**
  - [_frontmpdf (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_frontmpdf.pdf.md){rel="alternate" type="text/markdown"}
  - [_frontmpdf (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_frontmpdf.pdf){rel="external" type="application/pdf"}
- **World Economic Outlook; April 2006; Statistical Appendix**
  - [World Economic Outlook; April 2006; Statistical Appendix (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_statappxpdf.pdf.md){rel="alternate" type="text/markdown"}
  - [World Economic Outlook; April 2006; Statistical Appendix (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_statappxpdf.pdf){rel="external" type="application/pdf"}
- **World Economic Outlook, April 2006;  Selected Topics; 1995-2006**
  - [World Economic Outlook, April 2006;  Selected Topics; 1995-2006 (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_topicspdf.pdf.md){rel="alternate" type="text/markdown"}
  - [World Economic Outlook, April 2006;  Selected Topics; 1995-2006 (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_topicspdf.pdf){rel="external" type="application/pdf"}
- **World Economic Outlook, April 2006**
  - [World Economic Outlook, April 2006 (Markdown version)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_weo0406pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [World Economic Outlook, April 2006 (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/pdf/_weo0406pdf.pdf){rel="external" type="application/pdf"}
- **World Economic Outlook, April 2006**
  - [World Economic Outlook, April 2006 (PDF)](/-/media/websites/imf/imported-flagship-issues/external/pubs/ft/weo/2006/01/rus/weo0406r.pdf){rel="external" type="application/pdf"}
- **Emerging Market Debt**
  - [Emerging Market Debt (CSV)](/external/pubs/ft/weo/2005/02/chp1data/box1_1.csv){rel="external" type="application/octet-stream"}
- **box1_2_1**
  - [box1_2_1 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/box1_2_1.csv){rel="external" type="text/html; charset=utf-8"}
- **box1_2_2**
  - [box1_2_2 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/box1_2_2.csv){rel="external" type="text/html; charset=utf-8"}
- **box1_4_1**
  - [box1_4_1 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/box1_4_1.csv){rel="external" type="text/html; charset=utf-8"}
- **box1_4_2**
  - [box1_4_2 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/box1_4_2.csv){rel="external" type="text/html; charset=utf-8"}
- **box1_6**
  - [box1_6 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/box1_6.csv){rel="external" type="text/html; charset=utf-8"}
- **fig1_1 — Figure 1.1. Global Indicators**
  - [fig1_1 — Figure 1.1. Global Indicators (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_1.csv){rel="external" type="application/octet-stream"}
- **Figure 1.10.  Trade Gains and Losses from Commodity Price Movements Relative to 2002**
  - [Figure 1.10.  Trade Gains and Losses from Commodity Price Movements Relative to 2002 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_10.csv){rel="external" type="application/octet-stream"}
- **Fig1 11**
  - [Fig1 11 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_11.csv){rel="external" type="application/octet-stream"}
- **Figure 1.12.  Euro Area: Growth Divergences Since EMU**
  - [Figure 1.12.  Euro Area: Growth Divergences Since EMU (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_12.csv){rel="external" type="application/octet-stream"}
- **Figure 1.13.  Europe: Why Has per Capita GDP Stagnated Relative to the United States?**
  - [Figure 1.13.  Europe: Why Has per Capita GDP Stagnated Relative to the United States? (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_13.csv){rel="external" type="application/octet-stream"}
- **Figure 1.14. Japan: Indicators of Bank and Corporate Sector Financial Health**
  - [Figure 1.14. Japan: Indicators of Bank and Corporate Sector Financial Health (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_14.csv){rel="external" type="application/octet-stream"}
- **Figure 1.15.  Emerging Asia: Growth, Reserves, and Exchange Rate Flexibility**
  - [Figure 1.15.  Emerging Asia: Growth, Reserves, and Exchange Rate Flexibility (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_15.csv){rel="external" type="application/octet-stream"}
- **Figure 1.16.  Latin America: An Anatomy of Recent Expansions**
  - [Figure 1.16.  Latin America: An Anatomy of Recent Expansions (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_16.csv){rel="external" type="application/octet-stream"}
- **Figure 1.17.  Emerging Europe: Is Strong Credit Growth a Cause for Concern?**
  - [Figure 1.17.  Emerging Europe: Is Strong Credit Growth a Cause for Concern? (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_17.csv){rel="external" type="application/octet-stream"}
- **Figue 1.18.  CIS: Investment, Growth, and Strucutal Reforms**
  - [Figue 1.18.  CIS: Investment, Growth, and Strucutal Reforms (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_18.csv){rel="external" type="application/octet-stream"}
- **Figure 1.19.  Sub-Saharan Africa: Maximizing the Benefits of the Demographic Dividend**
  - [Figure 1.19.  Sub-Saharan Africa: Maximizing the Benefits of the Demographic Dividend (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_19.csv){rel="external" type="application/octet-stream"}
- **Figure 1.2.  Current and Forward-Looking Indicators**
  - [Figure 1.2.  Current and Forward-Looking Indicators (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_2.csv){rel="external" type="application/octet-stream"}
- **Figure 1.20.  Middle East: Oil Shocks and Macroeconomic Management**
  - [Figure 1.20.  Middle East: Oil Shocks and Macroeconomic Management (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_20.csv){rel="external" type="application/octet-stream"}
- **Fig1 21**
  - [Fig1 21 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_21.csv){rel="external" type="application/octet-stream"}
- **Figure 1.22.  Commercial Oil Inventories, World Refinery Capacity, and Option Prices**
  - [Figure 1.22.  Commercial Oil Inventories, World Refinery Capacity, and Option Prices (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_22.csv){rel="external" type="application/octet-stream"}
- **Figure 1.23.  Nonenergy Commodities**
  - [Figure 1.23.  Nonenergy Commodities (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_23.csv){rel="external" type="application/octet-stream"}
- **Figure 1.24.  Semiconductor Market**
  - [Figure 1.24.  Semiconductor Market (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_24.csv){rel="external" type="application/octet-stream"}
- **Figure 1.25.  Current Account Balances**
  - [Figure 1.25.  Current Account Balances (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_25.csv){rel="external" type="application/octet-stream"}
- **Figure 1.3.  Global Exchange Rate Developments**
  - [Figure 1.3.  Global Exchange Rate Developments (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_3.csv){rel="external" type="application/octet-stream"}
- **Fig1 4**
  - [Fig1 4 (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_4.csv){rel="external" type="application/octet-stream"}
- **Figure 1.5.  Developments in Mature Financial Markets**
  - [Figure 1.5.  Developments in Mature Financial Markets (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_5.csv){rel="external" type="application/octet-stream"}
- **Figure 1.6.  Emerging Market Financial Conditions**
  - [Figure 1.6.  Emerging Market Financial Conditions (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_6.csv){rel="external" type="application/octet-stream"}
- **Figure 1.7.  Savings Glut or Investment Drought?**
  - [Figure 1.7.  Savings Glut or Investment Drought? (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_7.csv){rel="external" type="application/octet-stream"}
- **Figure 1.8.  Global Outlook**
  - [Figure 1.8.  Global Outlook (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_8.csv){rel="external" type="application/octet-stream"}
- **Figure 1.9.  Fiscal and Monetary Policies in the Major Advanced Countries**
  - [Figure 1.9.  Fiscal and Monetary Policies in the Major Advanced Countries (CSV)](/external/pubs/ft/weo/2005/02/chp1data/fig1_9.csv){rel="external" type="application/octet-stream"}
- **box2_1_fig1**
  - [box2_1_fig1 (CSV)](/external/pubs/ft/weo/2005/02/chp2data/box2_1_fig1.csv){rel="external" type="text/html; charset=utf-8"}
- **box2_1_fig2**
  - [box2_1_fig2 (CSV)](/external/pubs/ft/weo/2005/02/chp2data/box2_1_fig2.csv){rel="external" type="text/html; charset=utf-8"}
- **Figure 2.1.  Global Saving, Investment, and Current Accounts**
  - [Figure 2.1.  Global Saving, Investment, and Current Accounts (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_1.csv){rel="external" type="application/octet-stream"}
- **Dataset overview**
  - [Dataset overview (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_2.csv){rel="external" type="application/octet-stream"}
- **Figure 2.3.  Saving Trends Across Regions**
  - [Figure 2.3.  Saving Trends Across Regions (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_3.csv){rel="external" type="application/octet-stream"}
- **Figure 2.4.  Saving and Investment in the Emerging Market and Oil-Producing Economies**
  - [Figure 2.4.  Saving and Investment in the Emerging Market and Oil-Producing Economies (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_4.csv){rel="external" type="application/octet-stream"}
- **Figure 2.5.  Explaining Saving and Investment Rate Movements Between 1997and 2004**
  - [Figure 2.5.  Explaining Saving and Investment Rate Movements Between 1997and 2004 (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_5.csv){rel="external" type="application/octet-stream"}
- **Figure 2.6.  Saving: Global Factor**
  - [Figure 2.6.  Saving: Global Factor (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_6.csv){rel="external" type="application/octet-stream"}
- **Figure 2.7.  Investment: Global Factor**
  - [Figure 2.7.  Investment: Global Factor (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_7.csv){rel="external" type="application/octet-stream"}
- **Figure 2.8.  Current Account: Global Factor**
  - [Figure 2.8.  Current Account: Global Factor (CSV)](/external/pubs/ft/weo/2005/02/chp2data/fig2_8.csv){rel="external" type="application/octet-stream"}
- **box3_1**
  - [box3_1 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/box3_1.csv){rel="external" type="text/html; charset=utf-8"}
- **box3_2**
  - [box3_2 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/box3_2.csv){rel="external" type="text/html; charset=utf-8"}
- **box3_3**
  - [box3_3 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/box3_3.csv){rel="external" type="application/octet-stream"}
- **Figure 3.1.  Institutions and Income per Capita: Impact of Raising Regional Institutional Quality**
  - [Figure 3.1.  Institutions and Income per Capita: Impact of Raising Regional Institutional Quality (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_1.csv){rel="external" type="application/octet-stream"}
- **dataset overview**
  - [dataset overview (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_10.csv){rel="external" type="application/octet-stream"}
- **Figure 3.11.  Aid Dependency Ratios in Sub-Saharan Africa under the Millennium Development Goals**
  - [Figure 3.11.  Aid Dependency Ratios in Sub-Saharan Africa under the Millennium Development Goals (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_11.csv){rel="external" type="application/octet-stream"}
- **Figure 3.12.  Uganda: Leakage of Schooling Grants**
  - [Figure 3.12.  Uganda: Leakage of Schooling Grants (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_12.csv){rel="external" type="application/octet-stream"}
- **fig3_13**
  - [fig3_13 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_13.csv){rel="external" type="application/octet-stream"}
- **Fig3 2**
  - [Fig3 2 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_2.csv){rel="external" type="application/octet-stream"}
- **Figure 3.3.  Evolution of Economic Institutions**
  - [Figure 3.3.  Evolution of Economic Institutions (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_3.csv){rel="external" type="application/octet-stream"}
- **Fig3 4**
  - [Fig3 4 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_4.csv){rel="external" type="application/octet-stream"}
- **Fig3 5**
  - [Fig3 5 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_5.csv){rel="external" type="application/octet-stream"}
- **Fig3 6**
  - [Fig3 6 (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_6.csv){rel="external" type="application/octet-stream"}
- **Figure 3.7.  Openness and Economic Transitions**
  - [Figure 3.7.  Openness and Economic Transitions (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_7.csv){rel="external" type="application/octet-stream"}
- **Figure 3.8.  Institutional Quality Relative to the Group of Advanced Countries**
  - [Figure 3.8.  Institutional Quality Relative to the Group of Advanced Countries (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_8.csv){rel="external" type="application/octet-stream"}
- **Figure 3.9.  Openness, Education, Accountability, and Quality of Economic Institutions**
  - [Figure 3.9.  Openness, Education, Accountability, and Quality of Economic Institutions (CSV)](/external/pubs/ft/weo/2005/02/chp3data/fig3_9.csv){rel="external" type="application/octet-stream"}
- **box4_1_1 — Money Multipliers**
  - [box4_1_1 — Money Multipliers (CSV)](/external/pubs/ft/weo/2005/02/chp4data/box4_1_1.csv){rel="external" type="application/octet-stream"}
- **Money Growth versus Nominal Income Growth**
  - [Money Growth versus Nominal Income Growth (CSV)](/external/pubs/ft/weo/2005/02/chp4data/box4_1_2.csv){rel="external" type="application/octet-stream"}
- **box4_2_1**
  - [box4_2_1 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/box4_2_1.csv){rel="external" type="text/html; charset=utf-8"}
- **box4_2_2**
  - [box4_2_2 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/box4_2_2.csv){rel="external" type="text/html; charset=utf-8"}
- **Figure 4.1.  Inflation, 1990�2004**
  - [Figure 4.1.  Inflation, 1990�2004 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_1.csv){rel="external" type="application/octet-stream"}
- **Figure 4.2.  Inflation and Growth Performance**
  - [Figure 4.2.  Inflation and Growth Performance (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_2.csv){rel="external" type="application/octet-stream"}
- **Figure 4.3.  Initial Conditions Prior to Adopting Inflation Targeting**
  - [Figure 4.3.  Initial Conditions Prior to Adopting Inflation Targeting (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_3.csv){rel="external" type="application/octet-stream"}
- **fig4_4**
  - [fig4_4 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_4.csv){rel="external" type="text/html; charset=utf-8"}
- **fig4_5**
  - [fig4_5 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_5.csv){rel="external" type="text/html; charset=utf-8"}
- **fig4_6**
  - [fig4_6 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_6.csv){rel="external" type="text/html; charset=utf-8"}
- **fig4_7**
  - [fig4_7 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_7.csv){rel="external" type="text/html; charset=utf-8"}
- **fig4_8**
  - [fig4_8 (CSV)](/external/pubs/ft/weo/2005/02/chp4data/fig4_8.csv){rel="external" type="text/html; charset=utf-8"}
- **World Economic Outlook; April 2006; Chapter I; Economic Prospects and Policy Issues**
  - [World Economic Outlook; April 2006; Chapter I; Economic Prospects and Policy Issues (Markdown version)](/external/pubs/ft/weo/2006/01/pdf/c1.pdf.md){rel="alternate" type="text/markdown"}
  - [World Economic Outlook; April 2006; Chapter I; Economic Prospects and Policy Issues (PDF)](/external/pubs/ft/weo/2006/01/pdf/c1.pdf){rel="external" type="application/pdf"}
- **IMF World Economic Outlook, April 2006 - Chapter II. Oil Prices and Global Imbalances**
  - [IMF World Economic Outlook, April 2006 - Chapter II. Oil Prices and Global Imbalances (Markdown version)](/external/pubs/ft/weo/2006/01/pdf/c2.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF World Economic Outlook, April 2006 - Chapter II. Oil Prices and Global Imbalances (PDF)](/external/pubs/ft/weo/2006/01/pdf/c2.pdf){rel="external" type="application/pdf"}
- **IMF World Economic Outlook, April 2006 - Chapter III. How Has Globalization Affected Inflation?**
  - [IMF World Economic Outlook, April 2006 - Chapter III. How Has Globalization Affected Inflation? (Markdown version)](/external/pubs/ft/weo/2006/01/pdf/c3.pdf.md){rel="alternate" type="text/markdown"}
  - [IMF World Economic Outlook, April 2006 - Chapter III. How Has Globalization Affected Inflation? (PDF)](/external/pubs/ft/weo/2006/01/pdf/c3.pdf){rel="external" type="application/pdf"}
- **Chapter Iv**
  - [Chapter Iv (Markdown version)](/external/pubs/ft/weo/2006/01/pdf/c4.pdf.md){rel="alternate" type="text/markdown"}
  - [Chapter Iv (PDF)](/external/pubs/ft/weo/2006/01/pdf/c4.pdf){rel="external" type="application/pdf"}
- **World Economic Outlook; April 2006; Statistical Appendix**
  - [World Economic Outlook; April 2006; Statistical Appendix (Markdown version)](/external/pubs/ft/weo/2006/01/pdf/statappx.pdf.md){rel="alternate" type="text/markdown"}
  - [World Economic Outlook; April 2006; Statistical Appendix (PDF)](/external/pubs/ft/weo/2006/01/pdf/statappx.pdf){rel="external" type="application/pdf"}

---

## References

- [World Economic Outlook Database](https://www.imf.org/external/pubs/ft/weo/2006/01/data/index.htm)
- [Transcript](https://www.imf.org/external/np/tr/2006/tr060419.htm)
- [Transcript](https://www.imf.org/external/np/tr/2006/tr060413.htm)
- [Other issues of the World Economic Outlook](https://www.imf.org/external/ns/cs.aspx?id=29)
- [Frequently Asked Questions: WEO](https://www.imf.org/external/pubs/ft/weo/faq.htm)
- [WEO Selected Topics, 1995 - present](https://www.imf.org/external/pubs/ft/weo/topics/weoindex.asp?sort=date)
- [Research at the IMF](https://www.imf.org/external/pubs/res/index.htm)
- [Using PDF Files](https://www.imf.org/external/adobetip.htm)
- [Using CSV Files](https://www.imf.org/external/help/csv.htm)
- [Viewing Webcasts](https://www.imf.org/external/help/techwc.htm)
- [Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website.](https://www.imf.org/en/email-subscription/index)
- [Modify your profile](https://www.imf.org/en/email-subscription/login)
- [Ordering Information](https://www.imf.org/external/pubs/cat/longres.cfm?sk=19097.0)
- [webcast](https://www.imf.org/external/mmedia/view.asp?eventID=567)
- [Adobe Acrobat Reader](https://www.imf.org/adobe)
- [Video Briefing/Sound bites](https://www.imf.org/external/mmedia/view.asp?eventID=564)
- [Transcript of Video Presentation](https://www.imf.org/en/publications/weo/issues/2016/12/31/wc041306.htm)
- [Video Briefing/Sound bites](https://www.imf.org/external/mmedia/view.asp?eventID=565)
- [Video Briefing/Sound bites](https://www.imf.org/external/mmedia/view.asp?eventID=566)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/publications/weo/issues/2016/12/31/globalization-and-inflation_