World Economic Outlook, April 2022 War Sets Back the Global Recovery

The war in Ukraine has triggered a costly humanitarian crisis that demands a peaceful resolution. At the same time, economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation. Fuel and food prices have increased rapidly, hitting vulnerab...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund Research Dept
Format: eBook
Language:Arabic
Published: Washington, D.C. International Monetary Fund 2022
Series:World Economic Outlook
Subjects:
War
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
LEADER 02171nmm a2200313 u 4500
001 EB002082780
003 EBX01000000000000001222870
005 00000000000000.0
007 cr|||||||||||||||||||||
008 220928 ||| ara
020 |a 9798400207358 
130 0 |a World Economic Outlook, April 2022: War Sets Back the Global Recovery 
245 0 0 |a World Economic Outlook, April 2022  |b War Sets Back the Global Recovery 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2022 
300 |a 199 pages 
653 |a War 
653 |a Inflation 
653 |a International Organizations 
653 |a COVID 
653 |a Foreign Exchange 
653 |a International Agreements and Observance 
710 2 |a International Monetary Fund  |b Research Dept 
041 0 7 |a ara  |2 ISO 639-2 
989 |b IMF  |a International Monetary Fund 
490 0 |a World Economic Outlook 
028 5 0 |a 10.5089/9798400207358.081 
856 4 0 |u https://elibrary.imf.org/openurl?genre=book&isbn=9798400207358  |x Verlag  |3 Volltext 
082 0 |a 330 
520 |a The war in Ukraine has triggered a costly humanitarian crisis that demands a peaceful resolution. At the same time, economic damage from the conflict will contribute to a significant slowdown in global growth in 2022 and add to inflation. Fuel and food prices have increased rapidly, hitting vulnerable populations in low-income countries hardest. Global growth is projected to slow from an estimated 6.1 percent in 2021 to 3.6 percent in 2022 and 2023. This is 0.8 and 0.2 percentage points lower for 2022 and 2023 than projected in January. Beyond 2023, global growth is forecast to decline to about 3.3 percent over the medium term. War-induced commodity price increases and broadening price pressures have led to 2022 inflation projections of 5.7 percent in advanced economies and 8.7 percent in emerging market and developing economies-1.8 and 2.8 percentage points higher than projected last January. Multilateral efforts to respond to the humanitarian crisis, prevent further economic fragmentation, maintain global liquidity, manage debt distress, tackle climate change, and end the pandemic are essential