Gist of Report: World Economic Outlook Report
1st Aug, 2022
The IMF releases the World Economic Outlook Report, to reflect the global economic prospects and current situation in world economics. The report also presents the country-specific data to reflect the country-wise economic situation. This becomes quite important to show how the economies of various countries are doing and helps in doing a comparative analysis between the countries.
Various types of questions both Multiple choice and descriptive type questions have been asked from the Outlook in the past years of civil service examinations conducted by UPSC. So, this becomes quite important to understand the outlook and its outcomes comprehensively for analyzing the global economic order. To this end, GS SCORE has discussed the recently released report by IMF with the point of view of its prediction with respect to India and analysis in a global context. It will help aspirants in answer writing by enriching their answers.