Centrum Stosunków Międzynarodowych - 12 April 2016: IMF warns of political and economic uncertainties

In its World Economic Outlook of April 2016, the IMF has estimated that economic growth worldwide will be even less than assumed in January 2016, revising the expected growth from 3,4% to 3,2%, one of the lowest ever. Furthermore, it came with a more gloomy outlook and warned that growth could globally downturn further, referring to the general trend of a political backlash in different countries against globalization - economic nationalism. This can be seen now in Europe but also in the US, for example now during the primaries. It also warned that apart from the slowdown of the Chinese economy, particular political uncertainties such as the political crises in Latin America, the refugee crisis as well as the "Brexit" threat could further weaken the world economy.

The official World Economic Outlook 2016 by the IMF, can be consulted here.

For more on the ''Brexit'' Referendum, click here.

For more on the political crises in Latin America, click here and here.