"More widespread contagion and a longer interruption in normal economic activity constitute additional downside risks to near-term projections," Lane told an audience in London.
The Indian indices fell over 1% as earnings disappointment, coupled with the virus scare, hit sentiment
The ability to maintain this inherently unstable equilibrium remains the key to the prospects of advanced economies
Morgan Stanley economists expect the global economy to recover some momentum in 2020
Fiscal hawks argue such proposals will merely sow the seeds for more trouble. But the needle seems to be shifting on how much debt an economy can safely carry
Its latest quarterly barometer showed growth in global merchandise trade rose by 0.2% in the second quarter of this year against 3.5% in same period of 2018
Modern policy makers operate in a world of radical uncertainty. They simply do not know what might happen next - and under these conditions, economic models need to be seen in a new light
The last few months have brought us an avalanche of downgraded forecasts from all international and private sector financial institutions and think tanks
A synchronized slowdown across almost 90 per cent of the world economy dominated talks at the International Monetary Fund and World Bank's annual meetings in Washington
Lim Chow Kiat, CEO of Singapore's GIC Pte, says markets are becoming increasingly dire and investors face an uncertain future.
The spread of unconventional monetary policies threatens to set off dangerous and unpredictable feedback loops
Here's a weekly wrap of what's going on in the world economy
The IMF is unwilling to counter the recent upbeat sentiment. But with conditions set to worsen, complacency is likely to have a high cost
Rising oil prices and relatively higher trade costs would hamper oil importing emerging markets
The shift is being led by China, where the economy's weakest performance since 2009 is set to worsen unless a peace can be struck in the trade war with the US
We do not have to look far to see the degeneration that can diminish hope, destroy promise: Afghanistan is next door
The biggest firms may be influencing inflation and wage growth, possibly at the expense of central bankers' power to do so
But it could shape how the Fed and others approach the next recession
That's what Bank of America Corp. strategists asked clients in a report ahead of five days of presidential standoffs, trade tensions and central bank meetings
For the optimists, there are signs of a rebound all over the world. The US is showing more momentum on the back of a revived consumer, and China is enjoying surprisingly robust manufacturing growth