Archive for January 30th, 2008

IMF lowers growth projections in 2008

January 30, 2008

IMF has updated its October forecasts and lowered its growth projections. It says world economy is poised to grow by 4.1% in 2008 lower than 4.4% it projected in October 2007 outlook.

Basically, IMF has revised its estimates by 0.5% each year between 2002-07 as part of its International Comparison Program. It had estimated world economy to grow by 4.7% in 2007 but the recent report shows it has actually grown by 4.9%.

The economic outlook is here and financial market update is here

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Assorted Links

January 30, 2008

1. WSJ Blog points that markets would be bimodal in future. It also has a nice article on how fiscal policy might help.

2. PSD Blog points to a new paper on financial liberalization

3. EPSA Blog on Sri Lankan economy

4. MR points to a new blog – from Columbia business school. It should change the presentation style. It also points to a new kind of flight.

5. MR on why so many papers are being co-authored?

6. JRV updates Soc Gen case.


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