Executive Briefings

Weak Global Growth May Reinforce Anti-Trade Sentiment, I.M.F. Warns

The International Monetary Fund has warned that sluggish economic growth throughout the world could bolster an anti-trade backlash that has become a feature of politics in both the United States and Europe.

Weak Global Growth May Reinforce Anti-Trade Sentiment, I.M.F. Warns

As part of the release of its October World Economic Report at the fund's semiannual meetings, the fund forecast global growth to be 3.1 percent this year, rising to 3.4 percent in 2017.

"It is vitally important to defend the prospects for increasing trade integration," said the fund's chief economist, Maurice Obstfeld. "Turning back the clock on trade can only deepen and prolong the world economy's current doldrums."

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As part of the release of its October World Economic Report at the fund's semiannual meetings, the fund forecast global growth to be 3.1 percent this year, rising to 3.4 percent in 2017.

"It is vitally important to defend the prospects for increasing trade integration," said the fund's chief economist, Maurice Obstfeld. "Turning back the clock on trade can only deepen and prolong the world economy's current doldrums."

Read Full Article

Weak Global Growth May Reinforce Anti-Trade Sentiment, I.M.F. Warns