World Economic Outlook May 1994.

The World Economic Outlook presents the IMF staffs analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries.

It focuses on major economic policy issues as well as on the analysis of economic developments and prospects.

It is usually prepared twice a year, as documentation for meetings of the International Monetary and Financial Committee, and forms the main instrument of the IMFs global surveillance activities.