The International Monetary Fund forecasts that the global economy will continue to achieve growth rates of over 4 percent in the coming years, projecting growth of 4.6 percent in 2010 and 4.3 percent in 2011. Nevertheless, the Bank considers that, regarding the outlook, the downside risks to the U.S. and European economies and their potential impact warrant more attention.
The U.S. economy is burdened by balance-sheet adjustments similar to those experienced in Japan following the collapse of the bubble. Therefore, it has become more difficult for it to grow but easier for it to deteriorate.