In its latest World Economic Outlook, the International Monetary Fund has continued its earlier prediction of a 3.9% world economic growth rate for this year and the next.
However, it also issued a warning about long-term challenges.
In its latest World Economic Outlook, the IMF uplifted its assessment for the growth of major economies around the world in 2018, with China up by 0.1% to 6.6%. The forecast for US growth in 2018 is 2.9%, up by 0.6 percent. The forecast for the eurozone is upgraded to 2.4 percent.
The Outlook warned, however, about a more sobering prospect in the long term, citing aging populations, falling rates of labor force participation, low produ
