02280cas a2200253 a 4500 AALejournalIMF015737 230101c9999 xx r poo 0 0eng d 50.00 USD 9781589066991 1999-8058 BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. World Economic Outlook, October 2007: Globalization and Inequality. Russian World Economic Outlook, October 2007 : Globalization and Inequality. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (287 pages) World Economic Outlook <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 The global economy grew strongly in the first half of 2007, although turbulence in financial markets has clouded prospects. While the 2007 forecast has been little affected, the baseline projection for 2008 global growth has been reduced by almost 1\2 percentage point relative to the July 2007 World Economic Outlook Update. This would still leave global growth at a solid 4 3/4 percent, supported by generally sound fundamentals and strong momentum in emerging market economies. Risks to the outlook, however, are firmly on the downside, centered around the concern that financial market strains could deepen and trigger a more pronounced global slowdown. Thus, the immediate focus of policymakers is to restore more normal financial market conditions and safeguard the expansion. Additional risks to the outlook include potential inflation pressures, volatile oil markets, and the impact on emerging markets of strong foreign exchange inflows. At the same time, longer-term issues such as population aging, increasing resistance to globalization, and global warming are a source of concern. Mode of access: Internet World Economic Outlook; World Economic Outlook ; No. 2007/002 Full text available on IMF http://elibrary.imf.org/view/books/081/07982-9781589066991-ru/07982-9781589066991-ru-book.xml IMF e-Library