You are here

Half full or half empty, the global economy cup is not running over

A minority at the recent IMF and World Bank meetings in Washington say the numbers aren't all that bad, but the situation goes beyond the numbers - and the picture isn't pretty

Is the US in a puddle? The IMF says that while it has revised upwards the growth prospects for emerging economies, those for the US have been disappointing.


ON the basis of the "glass-half-full" theory, the world economy does not appear to be in very bad shape, despite the litany of woes recited at last week's annual meetings of the International Monetary Fund (IMF) and World Bank in Washington.

So - and let me mix my metaphors...

Market voices on: