Three global pressure points worrying the IMF

PRESSURE POINT

clock

Douglas Roberts, senior international economist at Standard Life Investments, assesses the global economy's potential pressure points as set out by the IMF.

The IMF recently adjudged the global economy was at heightened risk of falling back into recession. It identified major fault-lines in the US authorities’ failure to address its fiscal challenges, the European authorities’ failure to reach a resolution to its financial and economic woes and the Chinese economic slowdown. Just how real are these areas of stress, and do they pose a threat to the global economy? The US The US certainly faces a challenge in what to do about its impending ‘fiscal cliff’. The Congressional Budget Office (CBO) estimates the size of the fiscal changes would be...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read
Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read
Bank of England halts interest rate cuts amid ongoing inflation

Bank of England halts interest rate cuts amid ongoing inflation

As priced in by markets

Sorin Dojan
clock 20 March 2025 • 2 min read