Which countries have seen their economies rebound fastest? The China effect
The IMF has published its latest growth forecasts. This post gives an overview of the headline stats and analyses the revisions to the 2009 figures. It finds that while some countries in most regions of the world, with the possible exception of the Americas, have seen their growth prospects this year significantly improve, the largest concentration is around China. This suggests a regional dimension to the global economy that is likely to prove important in the medium ter. Read more