5  ASPECTS OF TRINIDAD AND TOBAGO’S GLOBAL ECONOMIC INTERACTIONS  fiscal, structural and monetary fronts would be vital in smoothing the way to an economy less reliant on energy exports. 9. The fourth issue relates to how Trinidad and Tobago fits into the current  global economic outlook, particularly for emerging market economies.
The latest IMF’s World Economic Outlook published in October 2016 is sobering. The organization’s Chief Economist summarized it neatly (if not cheerfully) by saying that “the world economy is moving sideways”.