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World Economic Outlook, May 1994

World Economic Outlook, May 1994 »

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

DOI: http://dx.doi.org/10.5089/9781557753816.081

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The World Economic Outlook presents the IMF staff’s analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in ma...

II World Economic Situation and Short-Term Prospects

II World Economic Situation and Short-Term Prospects »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

World output is projected to expand by 3 percent in 1994 and by 3¾ percent in 1995 as the global economy continues its gradual recovery (Table 1). The expansions that are now clearly under way in North Ameri...

Annex II Information Content of the Yield Curve

Annex II Information Content of the Yield Curve »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The slope of the yield curve, summarized by the difference between current long-term and short-term interest rates, is one of many indicators used to assess economic conditions. 1...

III Fostering Job Creation, Growth, and Price Stability in Industrial Countries

III Fostering Job Creation, Growth, and Price Stability in Industrial Countries »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The ratcheting up of unemployment in most industrial countries during the past two decades is reminiscent of the ratcheting up of inflation during the 1960s and the 1970s. By the end of the 1970s, inflation...

Statistical Appendix

Statistical Appendix »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

Assumptions The statistical tables in this appendix have been compiled on the basis of information available on April 11, 1994. The estimates and projections for 1994 and 1995, as we...

Annex I The Uruguay Round: Results and Implications

Annex I The Uruguay Round: Results and Implications »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The Final Act of the Uruguay Round agreement was signed in April 1994 and will become effective in 1995 after ratification by national legislatures. The Uruguay Round will substantially reduce tariff and non...

I. Overview

I. Overview »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

A year ago, the IMF Interim Committee adopted a “Declaration on Cooperation for Sustained Global Expansion.” 1 This statement was prompted by the severe economic slowdown since 19...

Annex III Adjustment and Recovery in Latin America and the Caribbean

Annex III Adjustment and Recovery in Latin America and the Caribbean »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

The onset of the debt crisis in 1982, after a period of expansionary fiscal and monetary policies that resulted in significant domestic and external imbalances, made it clear that a major adjustment effort w...

IV Why Are Some Developing Countries Failing to Catch Up?

IV Why Are Some Developing Countries Failing to Catch Up? »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

There have been large differences in growth among developing countries over the past decade. Many countries that pursued macroeconomic stability, liberalized trade, and implemented market-based reforms in th...

V Stabilization, Reform, and the Role of External Financing in the Countries in Transition

V Stabilization, Reform, and the Role of External Financing in the Countries in Transition »

Source: World Economic Outlook, May 1994

Series: World Economic Outlook

Author(s): International Monetary Fund. Research Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 February 1995

ISBN: 9781557753816

Keywords: interest, debt, unemployment, payments, inflation

Output has stabilized or begun to increase in those countries in transition that have made the most progress in macroeconomic stabilization. In many other countries, however, inflation and budget deficits re...