IMF have published World Economic Outlook Update – A Policy-Driven, Multispeed Recovery following the deepest global financial crisis. In 2010, world output is expected to rise by 4%, more than was expected by October 2009 World Economic Outlook. Emerging economies have to reduce the risks of future instability at the same time that they have to manage a surge of capital inflow. Last, both emerging and advanced economies “with excessive external surpluses and domestic saving rates, global rebalancing could be fostered through structural policies to support domestic demand and the development of non-tradable sectors”.
Full text: http://www.imf.org/external/pubs/ft/weo/2010/update/01/index.htm