World Economic Outlook, October 2009: Sustaining the Recovery

World Economic Outlook, October 15, 2009

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Canonical URL: World Economic Outlook, October 2009: Sustaining the Recovery

Publication date: October 15, 2009
Core focus: Prospects for growth in the aftermath of the financial crisis and the fragile nature of the recovery.
Central challenges identified:
- Need for continued strong monetary, fiscal, and financial policies.
- Ongoing efforts to restore the financial sector to health.
- Improvements in private demand.
- Preparation of exit strategies on the fiscal, monetary, and financial fronts.
Full text also available in Arabic, and Spanish.
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"Monetary Policy and Asset Prices: What Do We Learn from Booms and Busts?"
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The recovery is fragile and will present many challenges.
Addressing those challenges requires coordinated policy action across monetary, fiscal, and financial domains.
Restoring financial-sector health and reviving private demand are central to sustaining recovery.
Planning and preparing exit strategies for policy measures on the fiscal, monetary, and financial fronts is necessary.

Subject: Asset prices, Banking crises, Commodities, Commodity prices, Financial crises, Housing prices, Inflation, Prices
Keywords: Africa, annex IMF executive board discussion, Asia and Pacific, Asset prices, central bank bank liquidity, Commodity prices, crisis trend, deficit country, economy, Europe, Global, Housing prices, Inflation, liquidity risk requirement, Middle East, monetary policy, output loss, price bust, WEO