World Economic Outlook, April 2008 Housing and the Business Cycle

The global expansion is losing speed in the face of a major financial crisis. The slowdown has been greatest in the advanced economies, particularly in the United States, where the housing market correction continues to exacerbate financial stress. The emerging and developing economies have so far b...

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Bibliographic Details
Corporate Author: International Monetary Fund Research Dept
Format: eBook
Language:Arabic
Published: Washington, D.C. International Monetary Fund 2008
Series:World Economic Outlook
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a Inflation 
653 |a Credit 
653 |a Real Estate 
653 |a Environmental Economics 
653 |a Natural Disasters and Their Management 
653 |a Infrastructure 
653 |a Monetary economics 
653 |a Economic Development: Urban, Rural, Regional, and Transportation Analysis 
653 |a Deflation 
653 |a Housing Supply and Markets 
653 |a Climate 
653 |a Climate change 
653 |a Housing 
653 |a Exports and Imports 
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653 |a Price Level 
653 |a Saving and investment 
653 |a Global Warming 
653 |a Prices 
653 |a Macroeconomics 
653 |a Commodity prices 
653 |a Commodity Markets 
653 |a Housing prices 
653 |a Climatic changes 
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520 |a The global expansion is losing speed in the face of a major financial crisis. The slowdown has been greatest in the advanced economies, particularly in the United States, where the housing market correction continues to exacerbate financial stress. The emerging and developing economies have so far been less affected by fi nancial market developments and have continued to grow at a rapid pace, led by China and India, although activity is beginning to slow in some countries. At the same time, headline infl ation has increased around the world, boosted by the continuing buoyancy of food and energy prices. Policymakers around the world are facing a diverse and fast-moving set of challenges, and although each country's circumstances differ, in an increasingly multipolar world it will be essential to meet these challenges broadly, taking full account of cross-border interactions. The World Economic Outlook (WEO) presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects. It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMF's global surveillance activities