In its July World Economic Outlook report, the International Monetary Fund (IMF) maintained its global growth forecast for 2021 at 6%, but raised it for advanced economies and lowered it for developing and emerging markets. The end of the pandemic is still far away, and the IMF has warned that there is a risk that the global economic situation will worsen compared to the baseline.
In another report published in early August on the external sector of the economy (.pdf), the IMF pointed to an imbalance in the global current account due to the pandemic.
RBC identified six key imbalances in the global economy identified by experts from the International Monetary Fund and looked at their possible consequences.