Global growth is projected at –4.9 percent in 2020, 1.9 percentage points below the April 2020 World Economic Outlook (WEO) forecast. The COVID-19 pandemic has had a more negative impact on activity ...
Overall current account deficits and surpluses narrowed modestly in 2019 to just under 3 percent of world GDP. The IMF’s multilateral approach suggests that about 40 percent of overall current account ...
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