3  See Didier, Tatiana et al. (2015): “Slowdown in Emerging Markets: Rough Patch or Prolonged Weakness?”, World Bank Group Policy Research Note, December. 4  See for instance International Monetary Fund (2015): “Where Are We Headed? Perspectives on Potential Output”, Chapter 3 of World Economic Outlook, April. 5  See Didier, Tatiana et al.
(2015): “Slowdown in Emerging Markets: Rough Patch or Prolonged Weakness?”, World Bank Group Policy Research Note, p. 29, December. 6  See, for instance, Blanchard, Olivier et al. (2015): “Inflation and Activity – Two Explorations and their Monetary Policy Implications”, IMF Working Paper No.