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International Monetary Fund

and Commonwealth of Independent States economies are lagging behind. Advanced economies should grow by 2½ percent in 2010 and 2011. In contrast, annual growth in emerging markets and developing economies is projected to be 6¾ percent in 2010 and 6½ percent in 2011, following a modest 2½ percent in 2009. The uneven nature of the recovery will likely continue. The rapid rebound in emerging markets and developing economies reflects a more favorable starting position-in many cases, financial sectors in these countries were healthy and they ran prudent fiscal policies

International Monetary Fund. Research Dept.

Abstract

Como se describió en la edición de abril de 2010 de Perspectivas de la economía mundial, la recuperación de la economía mundial avanza mejor de lo esperado, pero a velocidades diferentes. Algunos países, en especial los asiáticos, han tenido un gran comienzo, pero en otros el crecimiento se ve limitado por el daño perdurable en el sector financiero y en los balances de los hogares. El reto para las autoridades es asegurar que la transición de la demanda no registre contratiempos, y a la vez mantener la asistencia para fomentar el crecimiento y empleo. También existe la necesidad de contener y reducir la deuda pública y sanear y reformar el sector financiero. Este número de Perspectivas de la economía mundial también examina otros dos retos fundamentales a los que se hace frente tras la Gran Recesión: cómo estimular la creación de puestos de trabajo dado que el desempleo en las economías avanzadas seguramente se mantendrá en niveles elevados; y cómo fomentar el crecimiento en los países con grandes superávits o déficits en cuenta corriente, recuperando el equilibrio entre demanda externa e interna.

International Monetary Fund. Research Dept.

Abstract

The global economic recovery is progressing better than expected, but the speed of recovery varies, as outlined in the April 2010 World Economic Outlook. Some countries, notably in Asia, are off to a strong start, but growth in others is constrained by lasting damage to the financial sector and to household balance sheets. The challenge for policymakers is to ensure a smooth transition of demand, while maintaining supports that promote growth and employment. There is also a need to contain and reduce public debt and repair and reform the financial sector. This issue of the WEO also explores two other key challenges in the wake of the Great Recession: how to spur job creation in the face of likely high and persistent unemployment in advanced economies, and how countries that previously ran large current account surpluses or deficits can promote growth by rebalancing external and domestic demand.

International Monetary Fund. Research Dept.

Abstract

La reprise de l’économie mondiale a évolué mieux que prévu, mais l’activité se redresse à des rythmes différents, comme le souligne l'édition d'avril 2010 des Perspectives de l'économie mondiale. Certains pays sont bien partis, notamment en Asie, mais dans d'autres, la croissance est entravée par les dommages durables causés au secteur financier et au portefeuille des ménages. Les dirigeants ont pour tâche de veiller à une transition en douceur de la demande, tout en préservant les éléments favorables à la croissance et l'emploi. Il est également nécessaire de maîtriser et de réduire la dette publique, ainsi que de réparer et de réformer le secteur financier. Cette édition des Perspectives de l’économie mondiale se penche également sur deux grands défis au lendemain de la grande récession : comment stimuler la création d'emplois dans les pays avancés qui présentent un taux de chômage élevé, probablement persistant, et comment les pays qui présentaient déjà un important excédent ou déficit du compte courant peuvent-ils promouvoir la croissance en équilibrant la demande extérieure et intérieure ?

International Monetary Fund. Research Dept.

Abstract

The global economic recovery is progressing better than expected, but the speed of recovery varies, as outlined in the April 2010 World Economic Outlook. Some countries, notably in Asia, are off to a strong start, but growth in others is constrained by lasting damage to the financial sector and to household balance sheets. The challenge for policymakers is to ensure a smooth transition of demand, while maintaining supports that promote growth and employment. There is also a need to contain and reduce public debt and repair and reform the financial sector. This issue of the WEO also explores two other key challenges in the wake of the Great Recession: how to spur job creation in the face of likely high and persistent unemployment in advanced economies, and how countries that previously ran large current account surpluses or deficits can promote growth by rebalancing external and domestic demand.

International Monetary Fund

Abstract

El Informe Anual a la Junta de Gobernadores pasa revista a las actividades y políticas del FMI durante un ejercicio determinado. Consta de cinco capítulos: 1) Panorama general, 2) Evolución económica y financiera mundial, 3) Políticas para lograr un crecimiento mundial sostenido y equilibrado, 4) Reforma y fortalecimiento del FMI para poder respaldar mejor a los países miembros y 5) Finanzas, organización y rendición de cuentas. Los estados financieros completos correspondientes al ejercicio se publican por separado y también están disponibles, junto con los apéndices y otros materiales complementarios.

International Monetary Fund

Abstract

The Annual Report to the Board of Governors reviews the IMF’s activities and policies during any given year. There are five chapters: (1) Overview, (2) Developments in the Global Economy and Financial Markets, (3) Policies to Secure Sustained and Balanced Global Growth, (4) Reforming and Strengthening the IMF to Better Support Member Countries, and (5) Finances, Organization, and Accountability. The full financial statements for the year are published separately and are also available, along with appendixes and other supplementary materials.

International Monetary Fund

Abstract

The Annual Report to the Board of Governors reviews the IMF’s activities and policies during any given year. There are five chapters: (1) Overview, (2) Developments in the Global Economy and Financial Markets, (3) Policies to Secure Sustained and Balanced Global Growth, (4) Reforming and Strengthening the IMF to Better Support Member Countries, and (5) Finances, Organization, and Accountability. The full financial statements for the year are published separately and are also available, along with appendixes and other supplementary materials.

International Monetary Fund

Abstract

The Annual Report to the Board of Governors reviews the IMF’s activities and policies during any given year. There are five chapters: (1) Overview, (2) Developments in the Global Economy and Financial Markets, (3) Policies to Secure Sustained and Balanced Global Growth, (4) Reforming and Strengthening the IMF to Better Support Member Countries, and (5) Finances, Organization, and Accountability. The full financial statements for the year are published separately and are also available, along with appendixes and other supplementary materials.

International Monetary Fund

Abstract

Le rapport annuel au Conseil des gouverneurs examine les activités et les politiques du FMI au cours d'une année donnée. Il comporte cinq chapitres : (1) Vue d'ensemble, (2) Évolution de l’économie mondiale et des marchés financiers, (3) Pour une croissance mondiale soutenue et équilibrée, (4) Réformer et renforcer le FMI pour mieux servir les États membres, et (5) Finances, organisation et responsabilisation. Les états financiers complets de l'exercice sont disponibles séparément, de même que les appendices et d'autres informations complémentaires.