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The IMF Staff’s View of the World: The World Economic Outlook

In: Successes of the International Monetary Fund

Author

Listed:
  • Graham Hacche

    (IMF’s Research Department)

  • Martin Parkinson

    (Australian Department of Climate Change)

Abstract

For almost three decades, the WEO has been a flagship publication of the IMF, gaining the attention of policy makers, economists, and media commentators for its analysis and projections of world economic developments and its assessments and advice on economic policies around the globe. The WEO was first published in 1980. At that time the IMF published relatively little, and the then Managing Director, Jacques de Larosière, referred to the WEO’s publication, in a preface, as an experiment. It was evidently judged a success, as publication became an annual event, in the spring of the northern hemisphere, until 1984, when autumn updates were introduced. Five years later, the autumn updates became full reports, and subsequently “Interim Assessments” also appeared at times of economic crisis. In 2007, regular summer and winter updates of WEO projections began to be released, so that WEO projections are now published every quarter.

Suggested Citation

  • Graham Hacche & Martin Parkinson, 2009. "The IMF Staff’s View of the World: The World Economic Outlook," Palgrave Macmillan Books, in: Eduard Brau & Ian McDonald (ed.), Successes of the International Monetary Fund, chapter 10, pages 191-217, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-23949-4_10
    DOI: 10.1057/9780230239494_10
    as

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