{
  "title": "World Economic Outlook, April 2017 : Gaining Momentum?",
  "publication": "World Economic Outlook, April 18, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510",
  "canonical": "https://www.imf.org/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510",
  "overlayPath": "/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510/index.md",
  "summary": "Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook. World growth is expected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018.",
  "sections": [
    {
      "heading": "Global outlook and cyclical recovery (Chapter 1)",
      "content": "- Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade.\n- World growth projections:\n  - 2016: 3.1 percent\n  - 2017: 3.5 percent\n  - 2018: 3.6 percent\n- Upside developments highlighted:\n  - Stronger activity\n  - Expectations of more robust global demand\n  - Reduced deflationary pressures\n  - Optimistic financial markets\n- Key challenges and risks:\n  - Structural impediments to a stronger recovery\n  - Balance of risks remains tilted to the downside, especially over the medium term"
    },
    {
      "heading": "Income convergence and external conditions (Chapter 2)",
      "content": "- Focus: How changes in external conditions may affect the pace of income convergence between advanced and emerging market and developing economies.\n- Emphasis on the role of external environment in shaping convergence dynamics (no numerical forecasts provided in source text for Chapter 2 beyond thematic focus)."
    },
    {
      "heading": "Labor share, root causes, and inequality (Chapter 3)",
      "content": "- Focus: The declining share of income that goes to labor.\n- Examines:\n  - Root causes of the decline in labor income share\n  - How this trend affects inequality"
    },
    {
      "heading": "Policy implications and recommended strategies",
      "content": "- Overall message: Need for credible strategies in both advanced economies and emerging and developing market economies to tackle common challenges in an integrated global economy.\n- Policy focus areas implied by chapters:\n  - Strengthen investment, manufacturing, and trade to sustain cyclical recovery\n  - Address structural impediments to support medium-term growth\n  - Monitor and respond to external conditions to support income convergence\n  - Tackle declining labor income share to mitigate rising inequality\n\nInternational Monetary Fund. Research Dept. World Economic Outlook, April 2017 : Gaining Momentum?, (USA: International Monetary Fund, 2017) accessed 9/2/2026\n\n---\n\n Content in this bundle\n\n- Full Report\n  - Full Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Full Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\n References\n\n- https://www.imf.org/en/publications/weo\n- United States and the IMF\n- Explore\n- Subscribe\n- International Monetary Fund. Research Dept.\n- Order a Print Copy\n- Distribution of income\n- Economic growth\n- Economic integration\n- Emerging markets\n- External activities\n- Gross domestric product growth\n- Growth acceleration\n- Growth deceleration\n- Income inequality\n- Market economies\n- National income\n- Output growth\n- World Economic Outlook\n- State Fragility: Towards a Conceptual Framework\nOctober 03, 2025\n- Republic of Nauru: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for the Republic of Nauru\nSeptember 22, 2025\n- Regional Income Disparities in Panama\nSeptember 16, 2025\n- Gulf Cooperation Council Diversification: The Role of Foreign Investments and Sovereign Wealth Funds\nSeptember 05, 2025\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510/index.md)",
    "[Structured JSON version](/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510/index.json)",
    "[Bundle manifest](/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510/bundle-manifest.json)",
    "Authors: International Monetary Fund. Research Dept.",
    "Published: April 18, 2017",
    "Series: World Economic Outlook",
    "Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade.",
    "World growth projections:",
    "Upside developments highlighted:",
    "Key challenges and risks:",
    "Focus: How changes in external conditions may affect the pace of income convergence between advanced and emerging market and developing economies.",
    "Emphasis on the role of external environment in shaping convergence dynamics (no numerical forecasts provided in source text for Chapter 2 beyond thematic focus).",
    "Focus: The declining share of income that goes to labor.",
    "Examines:",
    "Overall message: Need for credible strategies in both advanced economies and emerging and developing market economies to tackle common challenges in an integrated global economy.",
    "Policy focus areas implied by chapters:",
    "**Full Report**",
    "[https://www.imf.org/en/publications/weo](https://www.imf.org/en/publications/weo)",
    "[United States and the IMF](http://www.imf.org/external/country/USA/index.htm)",
    "[Explore](https://www.elibrary.imf.org/)",
    "[Subscribe](https://www.imf.org/en/Publications/Newsletter/registration)",
    "[International Monetary Fund. Research Dept.](https://www.imf.org/en/publications/publications-by-author?author=International+Monetary+Fund.+Research+Dept.&name=International+Monetary+Fund.+Research+Dept.)",
    "[Order a Print Copy](https://www.bookstore.imf.org/search?query=9781475564655)",
    "[Distribution of income](https://www.imf.org/en/publications/publications-by-subject?subject=Distribution+of+income)",
    "[Economic growth](https://www.imf.org/en/publications/publications-by-subject?subject=Economic+growth)",
    "[Economic integration](https://www.imf.org/en/publications/publications-by-subject?subject=Economic+integration)",
    "[Emerging markets](https://www.imf.org/en/publications/publications-by-subject?subject=Emerging+markets)",
    "[External activities](https://www.imf.org/en/publications/publications-by-subject?subject=External+activities)",
    "[Gross domestric product growth](https://www.imf.org/en/publications/publications-by-subject?subject=Gross+domestric+product+growth)",
    "[Growth acceleration](https://www.imf.org/en/publications/publications-by-subject?subject=Growth+acceleration)",
    "[Growth deceleration](https://www.imf.org/en/publications/publications-by-subject?subject=Growth+deceleration)",
    "[Income inequality](https://www.imf.org/en/publications/publications-by-subject?subject=Income+inequality)",
    "[Market economies](https://www.imf.org/en/publications/publications-by-subject?subject=Market+economies)",
    "[National income](https://www.imf.org/en/publications/publications-by-subject?subject=National+income)",
    "[Output growth](https://www.imf.org/en/publications/publications-by-subject?subject=Output+growth)",
    "[World Economic Outlook](https://www.imf.org/en/publications/publications-by-subject?subject=World+Economic+Outlook)",
    "[State Fragility: Towards a Conceptual Framework",
    "[Republic of Nauru: 2025 Article IV Consultation-Press Release; Staff Report; and Statement by the Alternate Executive Director for the Republic of Nauru",
    "[Regional Income Disparities in Panama",
    "[Gulf Cooperation Council Diversification: The Role of Foreign Investments and Sovereign Wealth Funds"
  ],
  "related": [
    {
      "title": "Full Report",
      "role": "full-report",
      "sourceUrl": "https://www.imf.org/-/media/files/publications/weo/2017/april/pdf/text.pdf",
      "summary": {
        "path": "/-/media/files/publications/weo/2017/april/pdf/text.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/files/publications/weo/2017/april/pdf/text.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510/index.md",
    "json": "/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510/index.json",
    "bundleManifest": "/en/publications/weo/issues/2019/08/30/world-economic-outlook-april-2017-gaining-momentum-44510/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-02T21:58:13.545Z"
}