IMF Issues Note on Global Prospects, Policy Changes Ahead of G-20 Meeting in Sydney
February 19, 2014 at 12:08 PM EST
Global activity has picked up, largely on account of advanced economies. Growth firmed in 2013H2, driven largely by stronger outturns in advanced economies as final demand expanded broadly as expected. In many emerging markets, despite a boost to output from stronger exports, domestic demand has been weaker than expected, reflecting