The world economy has partially rebounded from the global financial crisis, though the recovery continues to be geographically unbalanced and a number of risks remain. The IMF’s World Economic Outlook update in June 2011 estimates 2010 global economic growth at 5.1%, bouncing back from a drop of 0.5% in the crisis-hit 2009. The unbalanced economic growth is evident as the emerging market economies have recovered and are growing at a faster pace than their advanced counterparts.