The world economy is expected to witness a reasonable improvement in growth at 3.5% in 2017 against 3.1% in 2016 as per the IMF report released this week. More importantly, growth improvement is expected to be broad based with advanced economies, in the throes of subpar growth since the global crisis, also witnessing momentum gain. A … Continue reading IMF World Economic Outlook April'17
Global economy continues to remain under firm grip of debt as per an IMF report published earlier this week. As per the report, global non-financial debt has risen to an all time high of $152 trillion whereas Debt/ GDP ratio stands at 225%. And the culprit, it says, continues to be private sector debt in advanced … Continue reading How bad is Global debt overhang – IMF Report.