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December 2017
It’s December and time once again for our annual Executive Guide to Supply Chain Resources. This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain professionals. As with years past, we’re also featuring several articles we trust will offer food for thought in your supply chain throughout the coming year. Browse this issue archive.Need Help? Contact customer service 847-559-7581 More options
The global upswing in economic activity is strengthening, say analysts for the International Monetary Fund. In their World Economic Outlook (WEO) forecast, they note that broad-based upward revisions in the euro area, Japan, emerging Asia, emerging Europe and Russia—where growth outcomes in the first half of 2017 were better than expected—more than offset downward revisions for the United States and the United Kingdom.
But the recovery is not complete, says Sebastian Acevedo, a WEO contributor. He notes in the report that while the baseline outlook is strengthening, growth remains weak in many countries, and inflation is below target in most advanced economies.
“Commodity exporters, especially of fuel, are particularly hard hit as their adjustment to a sharp step down in foreign earnings continues,” he says. “And while short-term risks are broadly balanced, medium-term risks are still tilted to the downside.”
The welcome cyclical pickup in global activity thereby provides an ideal window of opportunity to tackle the key policy challenges—namely to boost potential output while ensuring its benefits are broadly shared, and to build resilience against down-side risks. A renewed multilateral effort is also needed to tackle the common challenges of an integrated global economy.
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Sorry, but your login has failed. Please recheck your login information and resubmit. If your subscription has expired, renew here.
December 2017
It’s December and time once again for our annual Executive Guide to Supply Chain Resources. This is a comprehensive guide to services, products and educational opportunities targeted specifically to supply chain… Browse this issue archive. Access your online digital edition. Download a PDF file of the December 2017 issue.The global upswing in economic activity is strengthening, say analysts for the International Monetary Fund. In their World Economic Outlook (WEO) forecast, they note that broad-based upward revisions in the euro area, Japan, emerging Asia, emerging Europe and Russia—where growth outcomes in the first half of 2017 were better than expected—more than offset downward revisions for the United States and the United Kingdom.
But the recovery is not complete, says Sebastian Acevedo, a WEO contributor. He notes in the report that while the baseline outlook is strengthening, growth remains weak in many countries, and inflation is below target in most advanced economies.
“Commodity exporters, especially of fuel, are particularly hard hit as their adjustment to a sharp step down in foreign earnings continues,” he says. “And while short-term risks are broadly balanced, medium-term risks are still tilted to the downside.”
The welcome cyclical pickup in global activity thereby provides an ideal window of opportunity to tackle the key policy challenges—namely to boost potential output while ensuring its benefits are broadly shared, and to build resilience against down-side risks. A renewed multilateral effort is also needed to tackle the common challenges of an integrated global economy.
SUBSCRIBERS: Click here to download PDF of the full article.
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