from Geo-Graphics

How Bad Might It Get?

December 30, 2008

Blog Post
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions.

It has been an astonishing year for the world economy. Housing prices have declined sharply, major financial institutions have failed leading to massive government bailouts, inflation fears have given way to concerns of deflation, and forward looking measures indicate that conditions will deteriorate further. What does the year ahead hold for the global economy? The following articles give forecasts for 2009.

CGS: Economic Outlook Graphs

World Bank: Global Economic Prospects 2009

IMF: World Economic Outlook

Economist: Buckle Up

Lipsky: The Current Macroeconomic Outlook 2009