Tuesday, April 7, 2015

"IMF World Economic Outlook on Potential GDP, Investment"

From Econbrowser:
The analytical chapters in the IMF’s semi-annual World Economic Outlook were released today (outlook chapters follow next week). The topics covered were:

Where Are We Headed? Perspectives on Potential Output This chapter finds that potential output growth across advanced and emerging market economies has declined in recent years. In advanced economies, this decline started as far back as the early 2000s and worsened with the global financial crisis. In emerging market economies, in contrast, it began only after the crisis. The chapter’s analysis suggests that potential output growth in advanced economies is likely to increase slightly from current rates as some crisis-related effects wear off, but to remain below precrisis rates in the medium term....MORE