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WEO Database, April 2015: Highlights

According to the World Economic Outlook Database (WEO), released on April 14, 2015, the International Monetary Fund (IMF) has predicted a not so good global growth scenario till 2020. Following are few of the highlights of the report:

  • US growth has been revised lower- below 3%
  • India’s GDP growth will not cross 8% till 2020
  • The new normal in world growth - below 4%
  • Commodity prices will remain low
  • World trade growth will be muted

To know more, read the following article by Manas Chakravarty at livemint.com:

http://www.livemint.com/Opinion/Z3InMgIqNxSUOkB3Nch9AI/Five-trends-that-define-the-world-economy.html?ref=newsletter

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