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The US is the only major economy where the IMF has raised growth forecasts for the next two years.
HONG KONG -- The World Bank recommended higher interest rates and a stronger currency for China on Wednesday, as it raised growth forecasts for the country.
In Europe, the influx of capital into fringe countries following the adoption of the euro raised growth rates, but also pushed up wages faster than productivity.
Had the Treasury used more realistic offsetting tax increases, its results would show the fuel tax cuts raised growth by less and the offsetting revenue growth would have been smaller.
But even as economists raised growth estimates for the fourth quarter, they warned that the rise in spending was unlikely to be sustained, and the report from the Commerce Department on Friday offered signs that the purchasing power of consumers might be eroding.
9.34am GMT Here's our round-up of what we may hear from George Osborne today: Autumn statement 2013: what to look out for The checklist includes raised growth forecasts, cuts to green levies on fuel bills, and the possibility that foreign owners of UK property could be made to pay capital gains tax when they sell up.
Similar(48)
A company raising growth funds typically wants a high I.P.O.
That's not going to raise growth at all.
This would cut youth unemployment immediately, and raise growth in the medium term.
The change raises growth for full-year 2012 to 2% from the originally recorded 1.9%.
The I.M.F. has had little success raising growth rates for its African clients.
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