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IMF: “Recovery During a Pandemic”

Summary:
The IMF’s October 2021 World Economic Outlook forecasts are out. Two observations: There are substantial downgrades since July’s forecast, particularly for the US and ASEAN-5. There’s lots of variation – the recovery is uneven, geographically. Spain and UK at the top, 7.4% and 7.2% q4/q4, respectively. South Africa and Brazil at 1.5% and 2.1% respectively. Source: WEO (October 2021), Chapter 1. Source: WEO (October 2021), Chapter 1. The blog on this release is here.

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The IMF’s October 2021 World Economic Outlook forecasts are out.

Two observations:

  • There are substantial downgrades since July’s forecast, particularly for the US and ASEAN-5.
  • There’s lots of variation – the recovery is uneven, geographically. Spain and UK at the top, 7.4% and 7.2% q4/q4, respectively. South Africa and Brazil at 1.5% and 2.1% respectively.

IMF: “Recovery During a Pandemic”

Source: WEO (October 2021), Chapter 1.

IMF: “Recovery During a Pandemic”

Source: WEO (October 2021), Chapter 1.

The blog on this release is here.

Menzie Chinn
He is Professor of Public Affairs and Economics at the University of Wisconsin, Madison

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