The International Monetary Fund (IMF) publishes World Economic Outlook Updates biannually. According to the July 2018 Update,

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The International Monetary Fund (IMF) publishes World Economic Outlook Updates biannually. According to the July 2018 Update, the expected annual growth rate of advanced countries was 2.2% for 2019. On the other hand, expected annual growth for developing countries was 5.1%. Explain why developing countries might be growing so much faster than developed countries.

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Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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