This is an advance copy of The World Economic Outlook. Although every effort has been made to ensure the accuracy of this advance copy, some data and other information may be revised or updated in the course of publication. The forthcoming publication will remain the document of record.

 WORLD ECONOMIC AND FINANCIAL SURVEYS
 World Economic Outlook
  

A Survey by the Staff of the International Monetary Fund

Contents
Assumptions and Conventions
Preface
Chapter I. 477k pdf file	Global Economic Prospects and Policy Challenges Can the United States Achieve a "Soft Landing"? Maintaining the Expansion in Europe Regaining the Confidence of Japan's Consumers Latin America and the Carribean: Recovery and    Divergence Asia: Continuing Strong Expansion Commonwealth of Independent States: Will    Macroeconomic Improvements Accelerate    Structural Reform? Sustaining the Momentum in Countries on the European    Union Accession Track Middle East and Africa: Recovering But Vulnerable to    Commodity Price Cycles The Transition Process Appendix I: Alternative Scenarios Appendix II: The Global Current Account Discrepancy
Chapter II. 402k pdf file	Current Issues in the World Economy Productivity Growth and IT in the Advanced    Economies Developments in Global Equity Markets International Capital Flows to Emerging Markets Commodity Prices and Commodity Exporting    Countries
Chapter III.  432k pdf file	Transition: Experience and Policy Issues Transition Experience to Date Explaining Differences in Performance and Resulting    Policy Lessons Policy Agenda for the Future Reinforcing the Momentum of Structural and    Institutional Reform
Chapter IV. 247k pdf file	Accession of Transition Economies to the European Union: Prospects and Issues Where do the CEECs Stand on the Road to    Accession? Accession and Convergence: Costs, Benefits,    and Risks Challenges for the EU as it Prepares for Enlargement Conclusions and Policy Implications
174k pdf file	Statistical Appendix