01791cas a2200241 a 4500 AALejournalIMF000261 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451851250 1018-5941 BD-DhAAL BD-DhAAL Artis, Michael. How Accurate Are the Imf's Short-Term Forecasts? : Another Examination of the World Economic Outlook / Michael Artis. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (94 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper analyzes the short-term forecasts for industrial and developing countries produced by the International Monetary Fund, and published twice a year in the World Economic Outlook (WEO). For the industrial country group, the WEO forecasts for output growth and inflation are satisfactory and pass most conventional tests in forecasting economic developments, although forecast accuracy has not improved over time, and predicting the turning points of the business cycle remains a weakness. For the developing countries, the task of forecasting movements in economic activity is even more difficult and the conventional measures of forecast accuracy are less satisfactory than for the industrial countries. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1996/089 Full text available on IMF http://elibrary.imf.org/view/journals/001/1996/089/001.1996.issue-089-en.xml IMF e-Library