Apr 18 2014

Economic Optimism

Posted by 3rdadmin in News

The IMF forecasts do not give rise to optimism 23 April 2009 when a few days ago began to speak of early signs of recovery of the American economy, down the hope that the terrible financial crisis that is facing the world, had a close finish. However, while such signals are waiting for new confirmations, projections from the International Monetary Fund (IMF), on global growth, reinstalled the pessimism. The recovery of the world economy is delayed? What can they to do Latin American economies to limit the negative impact of the adverse global context? What so deep is the crisis? Enough so that the IMF deems that the world economy will suffer a contraction of 1.3 per cent this year. The deterioration of economic conditions has been such in recent months than in January, only four months ago, the International Agency had predicted a growth of the world economy of 0.5 % for the current year. The growth numbers projected by the IMF to the major economies are worrying. In the euro zone is expected the economy to shrink by 4.2% or even continue to contract during 2010 by 0.4%.

Within the eurozone, the German economy will suffer a contraction of 5.6% this year (and will continue to fall in 2010, although 1% would do it). For the American economy, International Agency predicted a contraction of your product from 2.8% for this year, while Japan’s economy will contract by 6.2%. For the IMF, the main world economy will continue contracting in 2010. The American economy would observed a fall in their GDP in a 0.05% next year, which would discourage the hopes about the prospects for recovery of the world economy. For Latin America, the projections are not encouraging. Is that the IMF expected the region in recession during 2009 and its GDP is collapse a 1.5%. In 2010, the region will return to grow, although it would in 1.6%.

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