The IMF World Economic Outlook baseline projection for global growth in 2016 is a modest 3.2 percent. The outlook is weaker than that in the January 2016 World Economic Outlook Update for both advanced economies and emerging markets. Relative to the October 2015 World Economic Outlook, global growth has been revised downward by 0.4 percentage point in 2016 and 0.3 percentage point in 2017.    

The OECD report published on 5 April highlights Germany’s robust recovery and high levels of competitiveness since the global economic crisis. It also points out the wide range of challenges facing the country as it seeks to strengthen productivity, boost well-being in a rapidly ageing society and ensure the integration of newly-arrived migrants. Main findings and key recommendations include 1. integration of refugees and migrants to limit fiscal costs and improve their productivity, 2. strengthening investment and productivity, 3. addressing challenges posed by demographic change.