Going downhill

Article Abstract:

The IMF is more optimistic than many economists about the prospects for world growth, and recently forecast global GDP growth of 2.6% in 2001 and 3.5% in 2002. This has been revised following the Sep 11, 2001, attacks on the US, but the IMF still does not think the world will slip into recession.

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Looking beyond Europe's crisis

Article Abstract:

The International Monetary Fund's (IMF) 1992 'World Economic Outlook' predicts an average Gross Domestic Product (GDP) growth rate for industrialized nations of 2.9% for 1993. Despite the rosy IMF forecast, many economists fear that the European exchange-rate mechanism crisis will inhibit growth.

Europe, Economic aspects, Industrialized countries, Industrial nations

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Still whistling in the gloom

Article Abstract:

The International Monetary Fund's economic forecasts have not been very accurate. Last year the IMF predicted a 1.3% growth rate for industrial economies, and the rate was only 0.8%. Developing countries did much better than its prediction. This year's predictions are analyzed.

Recessions

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