Global economic prospects have improved again, but the bumpy recovery and skewed macroeconomic policy mix in advanced economies are complicating policymaking in emerging market economies. Chapter 3 examines the prospects for inflation, particularly because inflation was remarkably stable in the wake of the Great Recession and, in fact, has become less responsive to cyclical conditions. Chapter 4 examines whether today’s fast-growing, dynamic low-income countries are likely to maintain their momentum and avoid the reversals that afflicted many such countries in the past.
| ISBN: | 9781616359904 |
| Publication date: | 30th August 2013 |
| Author: | IMF Staff |
| Publisher: | International Monetary Fund (IMF) |
| Format: | Paperback |
| Pagination: | 225 pages |
| Series: | World Economic Outlook |
| Genres: |
Economics |