Wednesday, January 27, 2010

Some Optimism at the IMF

. Wednesday, January 27, 2010

They've revised upwards their projections for global GDP growth for 2010:

The IMF has revised upwards its forecast for growth in the global economy saying it is recovering faster than previously expected. It sees world growth bouncing back from negative territory in 2009 to a forecast 3.9 percent this year and 4.3 percent in 2011.

But there's a catch, isn't there? Yep, I knew it.

But the recovery is proceeding at different speeds around the world, with emerging markets, led by Asia relatively vigorous, but advanced economies remaining sluggish and still dependent on government stimulus measures, the IMF said in an update to its World Economic Outlook, published on January 26.

If you want more, the full report is here, and below there are some videos of IMF Managing Director Dominique Strauss-Kahn and Director of the IMF’s Monetary and Capital Markets Department Jose ViƱals.


Some Optimism at the IMF
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