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Global Economic Prospects, January 2020 PDF
By:World Bank Group
Published on 2020-01-27 by World Bank Publications

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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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Book ID of Global Economic Prospects, January 2020's Books is i8jSDwAAQBAJ, Book which was written byWorld Bank Grouphave ETAG "Eq1UpR5rA9o"

Book which was published by World Bank Publications since 2020-01-27 have ISBNs, ISBN 13 Code is 9781464814693 and ISBN 10 Code is 1464814694

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Book which have "270 Pages" is Printed at BOOK under CategoryBusiness and Economics

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