IMF Lowers Global Growth Forecasts, and Likely That of the United Kingdom

By: Ian Campbell | Tue, Oct 9, 2012
Print Email

The International Monetary Fund cut its global GDP forecast to 3.3% and 3.6% for 2012 and 2013 respectively.

Reuters had reported Friday that German newspaper Handelsblatt said the International Monetary Fund would do that. Concurrently, The Telegraph reported that last week the IMF was expected to cut its growth forecast for the United Kingdom.

Watch for more on this, as this seems to driven by IMF views of further GDP decline estimates for Brazil, China, and India. If GDP declines in those countries, can developed country GDP declines be far behind?

Topical References: IMF cuts global growth forecast; prods Europe, U.S., The Asahi Shimbun, from Reuters, October 9, 2012 - reading time 4 minute. Also read:



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

Copyright © 2011-2016, Business Transition Simplified, all rights reserved

All Images, XHTML Renderings, and Source Code Copyright ©