The IMF’s World Economic Outlook (WEO) released in January 2013 indicated that “Global growth is projected to increase during 2013, as the factors underlying soft global activity are expected to subside”. Admittedly, the IMF also warned about downside risks that still remained.
But an important high-level point is that, in some instances at least, it would appear the taxpayer is being asked to shoulder more risk, one way or another, in order to facilitate the provision of private finance.