Global stagnation

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The world recovery ...is in danger of stalling.

IMF Economic Counsellor, 23 January 2012.

Global stagnation is generally considered in early 2012 to be a possible short-term prospect, involving a large part of the world economy. Of 30 countries surveyed by the International Monetary Fund, the growth rates of the economies of 20 were classified as "below trend and moderating"; of 8 as "below trend and rising"; and of 2 as "above trend"[1]
According to the World Bank's economists

"While contained for the moment, the risk of ... a global crisis similar in magnitude to the Lehman crisis[2]

remains"[3].




  1. ↑ Slowing Growth, Rising Risks, World Economic Outlook, IMF, September 2011, Fig 1.4 p6
  2. ↑ A reference to the Lehman Brothers crash of September 2008, which triggered the Great Recession)
  3. ↑ Global Economic Prospects, Woorld Bank, January 2012
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