The Economy Remains Widely Robust

By Negin Vaghefi

January 2019 PENANG ECONOMIC INDICATOR
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According to the latest World Economic Outlook report published by the International Monetary Fund (IMF), the global economy is expected to remain robust at 3.7% through 2018 and 2019 amid moderating international trade, tightening global financing conditions, increasing geopolitical tensions and rising oil prices.This growth may be mostly due to stable growth in some major advanced economies, especially the US, as well as in most emerging markets and developing economies (EMDEs). However, there are also some risks that endanger this...

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Negin Vaghefi

is a senior analyst at Penang Institute. She holds a Ph.D. in Environmental Economics. Her research interests include agri-environmental economics, climate change, green economics, poverty and income inequality, and policy analysis.


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