02651cas a2200253 a 4500 AALejournalIMF018842 230101c9999 xx r poo 0 0eng d 50.00 USD 9781484382820 1020-508X BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. World Economic Outlook, October 2018: Challenges to Steady Growth. Arabic World Economic Outlook, October 2018 : Challenges to Steady Growth. Washington, D.C. : International Monetary Fund, 2019. 1 online resource (214 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 Global growth for 2018-19 is projected to remain steady at its 2017 level, but its pace is less vigorous than projected in April and it has become less balanced. Downside risks to global growth have risen in the past six months and the potential for upside surprises has receded. Global growth is projected at 3.7 percent for 2018-19-0.2 percentage point lower for both years than forecast in April. The downward revision reflects surprises that suppressed activity in early 2018 in some major advanced economies, the negative effects of the trade measures implemented or approved between April and mid-September, as well as a weaker outlook for some key emerging market and developing economies arising from country-specific factors, tighter financial conditions, geopolitical tensions, and higher oil import bills. The balance of risks to the global growth forecast has shifted to the downside in a context of elevated policy uncertainty. Several of the downside risks highlighted in the April 2018 World Economic Outlook (WEO)-such as rising trade barriers and a reversal of capital flows to emerging market economies with weaker fundamentals and higher political risk-have become more pronounced or have partially materialized. Meanwhile, the potential for upside surprises has receded, given the tightening of financial conditions in some parts of the world, higher trade costs, slow implementation of reforms recommended in the past, and waning growth momentum. Mode of access: Internet World Economic Outlook; World Economic Outlook ; No. 2018/002 Full text available on IMF http://elibrary.imf.org/view/books/081/25350-9781484382820-ar/25350-9781484382820-ar-book.xml IMF e-Library