IMF Forecasts – Graphic of the Day

Leading into this weekend’s meeting, the IMF warned that European officials are lagging in addressing their debt crisis, adding additional concerns that Europe and the U.S. could slip back into recession. Today’s graphic looks at the IMF forecasting the world economic outlook. See how projections have changed since June of 2011 in the chart below:

As a bonus, watch the video below, which provides some insight from IMF chief economist Olivier Blanchard:

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  • Jack Wang

    China says it is willing to support Europe to overcome debt crisis, for return, they must agree China is full market economic system. I though it”s good deal for European countries, since China as a WTO member whatever its market economic position will be agreed by 2015. So now Europe just take initiative agree it 3 years earlier for China”s instance support, why not! everybody knows time value of money, now it”s time to adopt it for both Europe and China.

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