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The IMF’s World Economic Outlook is packed with country specific facts, figures, and worldwide projections that present the outlook for growth, inflation, trade, and other economic developments in a clear, practical format. Leading international economists pull together the latest data on key topics, producing informed projections and policy analyses that show where the global economy is headed in the years to come. Business executives, policymakers, bankers, investors, marketing strategists, and economists worldwide refer to the WEO with confidence because it delivers a balanced view of the current economic situation, built upon the respected and extensive macroeconomic expertise and statistical resources of the IMF. The WEO is the product of a unique international exercise in information gathering and analysis performed by over 1,000 economists on the IMF staff. An annual subscription to the World Economic Outlook, published at least twice a year in English, French, Spanish, and Arabic, offers a comprehensive assessment of the international economic situation as well as prospects for the future. With its analyses backed by the expertise and unparalleled resources of the IMF, the World Economic Outlook is the authoritative reference in its field. Today, when even small economic fluctuations can trigger major financial swings, the WEO supplies a solid source of actionable information and data.

Exports and Imports --- Finance: General --- Foreign Exchange --- Labor --- Macroeconomics --- Wages, Compensation, and Labor Costs: General --- Price Level --- Inflation --- Deflation --- Current Account Adjustment --- Short-term Capital Movements --- Energy: Demand and Supply --- Prices --- Labour --- income economics --- Currency --- Foreign exchange --- International economics --- Finance --- Labor share --- Oil prices --- Labor markets --- Real exchange rates --- Wages --- Labor market --- Balance of payments --- United States

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Global economic activity is picking up with a long-awaited cyclical recovery in investment, manufacturing, and trade, according to Chapter 1 of this World Economic Outlook. World growth is expected to rise from 3.1 percent in 2016 to 3.5 percent in 2017 and 3.6 percent in 2018. Stronger activity, expectations of more robust global demand, reduced deflationary pressures, and optimistic financial markets are all upside developments. But structural impediments to a stronger recovery and a balance of risks that remains tilted to the downside, especially over the medium term, remain important challenges. Chapter 2 examines how changes in external conditions may affect the pace of income convergence between advanced and emerging market and developing economies. Chapter 3 looks at the declining share of income that goes to labor, including the root causes and how the trend affects inequality. Overall, this report stresses the need for credible strategies in advanced economies and in those whose markets are emerging and developing to tackle a number of common challenges in an integrated global economy.

Exports and Imports --- Finance: General --- Labor --- Macroeconomics --- Public Finance --- Wages, Compensation, and Labor Costs: General --- General Financial Markets: General (includes Measurement and Data) --- Commodity Markets --- General Aggregative Models: General --- Current Account Adjustment --- Short-term Capital Movements --- Labour --- income economics --- Finance --- International economics --- Globalization --- Labor share --- Emerging and frontier financial markets --- Commodity prices --- National accounts --- Personal income --- Wages --- Financial services industry --- Prices --- National income --- Balance of payments --- United States