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Q99 (IAS/2014) International Relations & Global Affairs › Global Indices, Reports & Agreements › Global economic reports Official Key

Which of the following organizations brings out the publication known as World Economic Outlook?

Result
Your answer: —  ·  Correct: A
Explanation

The World Economic Outlook is usually published twice a year by IMF ([1]usually April and October). It showcases the staff economists' analysis and forecasts of global economic developments and policies in the member countries of IMF during the near and medium term.[1] The report also indicates the risks and uncertainty that may threaten growth of member countries.[1] IMF publishes two periodic reports in this regard 'World Economic Outlook' and 'Global Financial Stability Report'.[2] Therefore, the International Monetary Fund (IMF) is the organization that brings out the World Economic Outlook publication, making option A the correct answer.

Sources
  1. [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > World Economic Outlook (WEO) > p. 519
  2. [2] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Surveillance > p. 514
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Q. Which of the following organizations brings out the publication known as World Economic Outlook? [A] The International Monetary Fund [B…
At a glance
Origin: Books + Current Affairs Fairness: Moderate fairness Books / CA: 5/10 · 5/10
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This is a 'Sitter' category question—a fundamental fact that every serious aspirant must know. It falls under the classic 'Reports & Indices' theme. If you get this wrong, you are effectively handing your seat to a competitor. No deep analysis needed, just rote memory of the 'Big 4' institutions and their flagship publications.

How this question is built

This question can be broken into the following sub-statements. Tap a statement sentence to jump into its detailed analysis.

Statement 1
Does the International Monetary Fund publish the publication titled "World Economic Outlook"?
Origin: Direct from books Fairness: Straightforward Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > World Economic Outlook (WEO) > p. 519
Presence: 5/5
“• Usually published twice a year by IMF (usually April and October). • Showcases the staff economists' analysis and forecasts of global economic developments and policies in the member countries of IMF during the near and medium term. • The report also indicates the risks and uncertainty that may threaten growth of member countries. • As per the last published October 2020 World Economic Outlook report: • Due to COVID-19 pandemic, global GDP growth is projected to decline to -4%. This October 2020 report was titled 'A long and Difficult Ascent'.”
Why this source?
  • Explicitly names 'World Economic Outlook (WEO)' and states it is 'Usually published twice a year by IMF'.
  • Describes WEO as IMF staff economists' analysis and forecasts of global economic developments, linking the report directly to IMF activity.
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 18: International Economic Institutions > Surveillance > p. 514
Presence: 5/5
“• It looks upon the international monetary system and monitors the economic and financial policies, thereby highlighting the possible risks to stability and advises member countries on the same. • IMF publishes two periodic reports in this regard 'World Economic Outlook' and 'Global Financial Stability Report'.”
Why this source?
  • States that IMF publishes two periodic reports and explicitly lists 'World Economic Outlook' alongside 'Global Financial Stability Report'.
  • Positions WEO within IMF's surveillance/reporting functions, confirming IMF authorship.
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Statement analysis

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