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  • 标题:Policy Assumptions and Projections Summary
  • 期刊名称:Croatian Economic Outlook
  • 印刷版ISSN:1332-3067
  • 电子版ISSN:1332-3067
  • 出版年度:2009
  • 卷号:39
  • 出版社:Institute of Economics, Zagreb, Department for Macroeconomic Analysis and Policy
  • 摘要:There are signs that the first quarter 2009 may prove to be a trough point of the global economic crisis. A number of indicators suggest that global economic activity is stabilizing as a result of substantial fiscal and monetary stimulus worldwide as well as a decline in commodity prices. It is now believed that this stimulus, with a turnaround in the stock cycle, will lead to a gradual global recovery. However, prospects remain subject to high levels of uncertainty. A sustained rise in activity is not expected before the second half of 2010. The IMF updated its forecasts in July, revising them slightly upwards for 2010 compared to three months ago. It now projects world real GDP to fall by 1.4 percent in 2009, before growing 2.5 percent in 2010.
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