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Emerging Markets and World Growth

By experts and staff

Published

Experts

  • By Benn Steil
    Senior Fellow and Director of International Economics

By

  • Dinah Walker
    Analyst, Geoeconomics
domesticdemandcontribution

With the United States and other developed countries no longer serving as the engine of global demand growth, a new source of growth is needed. In the past few years, emerging markets have been an important source of global demand growth. The IMF expects this trend to continue, with demand in the emerging world recovering faster than demand in the advanced economies.