The IMF said there are three main factors that threaten global growth
The International Monetary Fund (IMF) has identified three main risk factors that may slow down global growth of the world economy.
Blanchard argues that the main factor - this is a situation that occurs at this time in China. He also said that the government of China at the moment are making the decision to spend the rebalancing of the economy, produce bias toward domestic consumption and reduce the role of the investment.
The Economist noted that the possible downside risks to investment and consumption will not be able to compensate for this gap, this could lead to a decrease in the growth of China's GDP.
Abenomika is the second most important risk factor, as this program is taking risks with certain side effects, which are not calculated until the end of the Japanese authorities.
The third factor was the completion of a program of quantitative easing, the U.S. Federal Reserve.
Blanchard suggested that hints at a minimized program led to a variability in global markets and the bond markets, as quotations of world currencies.
Recall that at the beginning of July this year, the IMF is the third time this year lowered the forecast of global GDP growth. In the October edition of the review of the world economy IMF predicted the rate of 3.6% in January lowered the estimate to 3.5% in April - up 3.3%.
However, the forecast for the next year was also lowered - with 4% projected in April, up 3.8%. In general, according to IMF forecasts, the economy of the developed countries in 2013 will grow by 1.2% (previous forecast - 1.2%), in 2014 - 2.2% (2.2%), developing - 5 % (previously expected 5.3%) and 5.4% (5.7%), respectively.
