IMF World Economic Outlook (WEO) Update, July 2007:An update of the key WEO projections

The strong global expansion is continuing, and projections for global growth in both 2007 and 2008 have been revised up to 5.2 percent from 4.9 percent at the time of the April 2007 World Economic Outlook (WEO).
Volume/Issue: Volume 2007 Issue 004
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Economics- Macroeconomics , International - Economics ,

Summary

The strong global expansion is continuing, and projections for global growth in both 2007 and 2008 have been revised up to 5.2 percent from 4.9 percent at the time of the April 2007 World Economic Outlook (WEO). Risks to this favorable outlook remain modestly tilted to the downside. Table 1 provides an overview of the WEO projections