World Economic Outlook, April 2018, Cyclical Upswing, Structural Change:
(Overview of the World Economic Outlook Projections)
Real effective exchange rates are assumed to remain constant at the levels prevailing during January 26–February 23, 2018. Economies are listed on the basis of economic size. The aggregated quarterly data are seasonally adjusted.
The global economic upswing that began around mid-2016 has become broader and stronger. This new World Economic Outlook report projects that advanced economies as a group will continue to expand above their potential growth rates this year and next before decelerating, while growth in emerging market and developing economies will rise before leveling off. For most countries, current favorable growth rates will not last. Policymakers should seize this opportunity to bolster growth, make it more durable, and equip their governments better to counter the next downturn.