A critical update to the International Monetary Fund's World Economic Outlook (described in the
October 9, 1998 Scout Report), the World Economic Outlook (WEO) and International Capital Markets (ICM) Interim Assessment examines recent international financial developments and provides revised economic forecasts for emerging and mature economies. The report includes a chapter on "systemic issues" and the "policy requirements" needed to curtail further market turbulence, but ends on a positive note with a modest dip in 1999 projected growth for the world economy from 1998 estimates at 2.2 percent.
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