What is driving the upswing in global growth in 2017?
(WorldNews Indonesia)

Download the PDF version of this weekly commentary inEnglish The International Monetary Fund (IMF) revised up its forecast for global growth for the first time for five years when it released its World Economic Outlook last week. The IMF now expects global growth to pick up from 3.1% in 2016 to 3.5% in 2017, compared with its previous forecast of 3.4% for 2017. A number of factors are expected to drive the acceleration in growth including a buoyant US economy, supportive government policies, an improvement in global sentiment, a recovery in commodity prices and an upturn in the inventory cycle. However, the IMF cautioned that a number of risks could upset the global recovery such as trade...