{
  "title": "World Economic Outlook, October 2014: Legacies, Clouds, Uncertainties",
  "publication": "World Economic Outlook, October 7, 2014",
  "sourceUrl": "https://www.imf.org/en/publications/weo/issues/2016/12/31/world-economic-outlook-october-2014-legacies-clouds-uncertainties-41632",
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  "summary": "The pace of recovery has disappointed in recent years, and downside risks have increased, including from heightened geopolitical tensions. These increased risks make it a priority to raise actual and potential growth.",
  "publishDate": "2014-10-07",
  "series": "World Economic Outlook",
  "sections": [
    {
      "heading": "Overview and key findings",
      "content": "- The pace of recovery has disappointed in recent years, and downside risks have increased, including from heightened geopolitical tensions.\n- These increased risks make it a priority to raise actual and potential growth.\n- In a number of economies, an increase in public infrastructure investment can provide support to demand and help boost potential output.\n- In advanced economies as well as emerging and developing economies there is a general, urgent need for structural reforms to strengthen growth potential or make growth more sustainable.\n- The four individual chapters examine:\n  - the overall global outlook,\n  - the prospects for individual countries and regions,\n  - the benefits of increased public infrastructure investment in terms of raising output,\n  - the extent to which global imbalances have narrowed significantly since their peak in 2006."
    },
    {
      "heading": "Policy implications and priorities",
      "content": "- Raise actual and potential growth in the face of disappointing recovery and heightened downside risks.\n- Scale up public infrastructure investment in a number of economies to support demand and boost potential output.\n- Implement structural reforms across advanced, emerging, and developing economies to strengthen growth potential or make growth more sustainable."
    },
    {
      "heading": "Thematic coverage and subjects",
      "content": "- Balance of payments; Current account balance; Economic sectors; Emerging and frontier financial markets; Expenditure; Financial markets; Inflation; Infrastructure; National accounts; Natural gas sector; Prices; Public investment and public-private partnerships (PPP); Public investment spending.\n- Regional and topical keywords include: Asia and Pacific; Caribbean; Middle East; Sub-Saharan Africa; Europe; Global; U.S. dollar; WEO; world GDP; oil price; infrastructure investment; investment efficiency; public investment.\n\n---\n\n Content in this bundle\n\n- Text (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/weo/issues/2016/12/31/world-economic-outlook-october-2014-legacies-clouds-uncertainties-41632"
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    "Published: October 7, 2014",
    "Series: World Economic Outlook",
    "DOI: https://doi.org/10.5089/9781498331555.081",
    "The pace of recovery has disappointed in recent years, and downside risks have increased, including from heightened geopolitical tensions.",
    "These increased risks make it a priority to raise actual and potential growth.",
    "In a number of economies, an increase in public infrastructure investment can provide support to demand and help boost potential output.",
    "In advanced economies as well as emerging and developing economies there is a general, urgent need for structural reforms to strengthen growth potential or make growth more sustainable.",
    "The four individual chapters examine:",
    "Raise actual and potential growth in the face of disappointing recovery and heightened downside risks.",
    "Scale up public infrastructure investment in a number of economies to support demand and boost potential output.",
    "Implement structural reforms across advanced, emerging, and developing economies to strengthen growth potential or make growth more sustainable.",
    "Balance of payments; Current account balance; Economic sectors; Emerging and frontier financial markets; Expenditure; Financial markets; Inflation; Infrastructure; National accounts; Natural gas sector; Prices; Public investment and public-private partnerships (PPP); Public investment spending.",
    "Regional and topical keywords include: Asia and Pacific; Caribbean; Middle East; Sub-Saharan Africa; Europe; Global; U.S. dollar; WEO; world GDP; oil price; infrastructure investment; investment efficiency; public investment.",
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