Which of the following organizations brings out the publication known as ‘World Economic Outlook’?
[UPSC Civil Services Exam – 2014 Prelims]
(a) The International Monetary Fund
(b) The United Nations Development Programme
(c) The World Economic Forum
(d) The World Bank
Answer: (a)
Explanation:
- The World Economic Outlook is published by the International Monetary Fund twice a year. (April and October)
- It analyses and predicts near and medium-term growth prospects.
- Countries are compared based on GDP growth rate, or absolute GDP.