This paper highlights that world economic growth is estimated to have declined from 31⁄4 percent in 1989 to 2 percent in 1990, reflecting a slowdown in the in
This paper highlights that the growth of world economic activity in 1991 is expected to fall to a scant 1 percent, the lowest in any year since 1982, when the i
This paper highlights that following a small decline in world output in 1991, growth will recover to about 11⁄2 percent in 1992 before gaining more momentum i
Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but mus
The World Economic Outlook presents the IMF staff’s analysis and projections of economic developments at the global level, in major country groups (classified