eBook - PDF

Global Economic Prospects, January 2020

Name: Global Economic Prospects, January 2020
ISBN: 9781464814693

Slow Growth, Policy Challenges

World Bank,

English
PDF
Available on iOS & Android

eBook - PDF

Global Economic Prospects, January 2020

Slow Growth, Policy Challenges

World Bank,

About this book

Global growth is projected to be slightly faster in 2020 than the post-crisis low registered last year. While growth could be stronger if reduced trade tensions lead to a sustained reduction in uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also expected to remain subdued, continuing a decade of disappointing outcomes. A steep and widespread productivity growth slowdown has been underway in these economies since the global financial crisis, despite the largest, fastest, and most broad-based accumulation of debt since the 1970s. In addition, many emerging market and developing economies, including low-income countries, face the challenge of phasing out price controls that impose heavy fiscal cost and dampen investment. These circumstances add urgency to the need to implement measures to rebuild macroeconomic policy space and to undertake reforms to rekindle productivity growth. These efforts need to be supplemented by policies to promote inclusive and sustainable long-term growth and accelerate poverty alleviation. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, whereas the June edition contains shorter analytical pieces.

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Yes, you can access Global Economic Prospects, January 2020 by World Bank in PDF and/or ePUB format, as well as other popular books in Economics & Economic Conditions. We have over one million books available in our catalogue for you to explore.