IMF: “Recovery During a Pandemic”

By Menzie Chinn of Econbrowser

Professor of Public Affairs and Economics at the University of Wisconsin • Oct 13, 2021 at 2:38 PM EDT

The IMF’s October 2021 World Economic Outlook forecasts are out. There are substantial downgrades since July’s forecast, particularly for the US and ASEAN-5.

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.

(Click on image to enlarge)

Source: WEO (October 2021), Chapter 1.

(Click on image to enlarge)

Source: WEO (October 2021), Chapter 1.

The blog on this release is here.

Disclosure:

None.

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