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Main » 2015 » October » 7 » There is a reason for the positive global economic outlook
There is a reason for the positive global economic outlook

The reason for the recovery of the world economy when recession fears increase.



Maurice Obstfeld has not yet stayed in the position of chief economist of the International Monetary Fund for a full month, as he has asked, whether there are signs of a global recession.

"The global recession is certainly not our base-case scenario," - he said in response to a reporter's question on Tuesday, when it lowered the IMF estimates economic growth this year to 3.1%, which is the weakest level since 2009.

Others are less sure. They are looking at a slowdown of the Chinese economy in emerging markets and a drop in commodity prices, while at the same time, worrying that even the United States vulnerable to external economic forces, and that the Central Bank does not currently have enough power to resist.

Only a few hours later Obstfeld said Citigroup Inc. economists It warned that "continued economic growth below average, is likely to lead the global economy back into recession." They have already identified a 55 percent probability of such events in the next couple of years.

The relatively good news for the finance ministers and central bankers gathered in Lima for the annual meeting of the IMF, which most economists agree with Obstfeld and advise investors not to panic about the economic outlook.

According to the materials   WELTRADE


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