global economy

The world economy absorbed more bad news Monday: The International Monetary Fund cut its growth forecast for 2019. And China, the world's second-biggest economy, said it had slowed to its weakest pace since 1990. The IMF cut its estimate for global growth this year to ...

Global economic, financial and political stability depends on outcomes in four areas.

Given the proliferating risks, another financial crisis and downturn could be in store.

There are pluses and minuses, but on balance the pluses seem to prevail, according to the McKinsey Global Institute.

For many emerging economies, it is imperative to pursue a rebalancing of growth patterns, with a more active approach to managing debt and capital flows and their effects on asset prices, exchange rates, and growth. Otherwise, the dangers of unsustainable growth patterns will bring ...

Paulson et al. still claim they did all that could be done to save the troubled firm.

To service these debts requires rising incomes, while an expanding trade war threatens to squeeze incomes.

Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to casualties of the downturn. But, for a combination of economic and political reasons, the U.S., in particular, is ill-prepared to respond normally.

Whether this year's positive economic trends continue in 2018 will depend on a variety of factors, from fiscal and monetary policymaking to domestic politics and regional stability.