Chapter 1. Navigating a Risky World
Author: International Monetary Fund. Fiscal Affairs Dept.
Language:
English
Keywords:
FM; def; country abbreviation; statistics manual; commodity exporter; potential GDP; middle-income economy; Fiscal stance; Emerging and frontier financial markets; Macroeconomic and fiscal forecasts; Global; Africa; Middle East; North Africa; Europe; Tax incentives; Asia and Pacific; advanced economy; short-term debt; average revenue

Abstract

The global economy remains fragile at this time. While the recovery in advanced economies is softening, many emerging market and developing economies have experienced a significant economic slowdown and some large countries show signs of distress. Global risk aversion has risen, and commodity prices have continued to fall since the April 2015 Fiscal Monitor. The weaker outlook and concerns about the ability of policymakers to provide an adequate and swift policy response have amplified downward risks and clouded global prospects. In this challenging environment, a comprehensive policy package is urgently needed to boost growth and reduce vulnerabilities.

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Cover Fiscal Monitor, April 2016
Fiscal Monitor, April 2016
Acting Now, Acting Together
Author: International Monetary Fund. Fiscal Affairs Dept.
ISBN:
9781513510590
ISSN:
2219-276X
Publication Date:
13 Apr 2016
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781513510590.089
Pages:
126