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The great rebalancing act continues – rebalancing, that is, of growth between the G7 and the Brics.
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"Over the medium term, the economy is projected to continue rebalancing away from investment toward private consumption and from industry to services, but nonfinancial debt is expected to continue rising as a share of GDP, and the accumulation of vulnerabilities clouds the medium-term outlook," notes the IMF report.
According to the latest IMF outlook, growth in China is expected to slow to 6.3% in 2016 and 6.0% in 2017, primarily reflecting weaker investment growth as the economy continues to rebalance.
"The global economy will continue to rebalance toward the faster-growing markets and trade and capital flows will continue to expand".
"We continue to rebalance and rebuild our economic potential to ensure strong, sustainable and inclusive growth and jobs going forward," Mr. Van Rompuy said.
"I look forward to working with Mark as we continue to rebalance our economy, deal with our debts, and equip Britain to succeed in the global race," Mr. Osborne told Parliament.
Ecosystem of contributors The industry needs to continue to rebalance resources to support quality, local, investigative journalism but also to incorporate voices and contributions from around the web and social media.
"We continue to rebalance and diversify the business, to focus on managing our costs and to generate cash and this has helped to mitigate the impact of the outflows we've seen," Gilbert said.
Fourth, at the national level, individual countries need to continue to rebalance their policies with a view to achieving the trifecta of structural reforms, solid aggregate demand and fewer debt overhangs.
Certainly, folks are continuing to rebalance their portfolios in anticipation of the Trump presidency, even as there is still not a great deal of clarity in regard to the President-Elect's policies and priorities.
To add an extra frisson of panic, the Republicans continue to oppose rebalancing the retirement and disability trust funds to ensure that disabled Americans continue to receive full benefits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com