This edition of the World Economic Outlook explores how a dramatic escalation of the financial crisis in September 2008 provoked an unprecedented contraction of

This paper discusses systematic issues in international finance explained in the International Capital Markets report. The paper describes that the nature and e

This paper analyzes the origins of the recent turbulence in government bond markets in the major industrial countries, and considers whether the role of hedge f

Global growth is in low gear, and the drivers of activity are changing. These dynamics raise new policy challenges. Advanced economies are growing again but mus

Major macroeconomic realignments are affecting prospects differentially across the world’s countries and regions. The April 2016 WEO examines the causes and i