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Global Economic Prospects, June 2018

Published semiannually, Global Economic Prospects includes analysis of topical policy challenges faced by developing countries. Global activity is firming broadly as expected. Manufacturing and trade are picking up, confidence is improving, and international financing conditions remain benign. Globa...

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Main Author: World Bank Group
Format: Online
Language:English
Published: Washington, DC: World Bank 2018
Subjects:
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/511081618814129172/global-economic-prospects-june-2018-the-turning-of-the-tide
https://hdl.handle.net/10986/29801
https://doi.org/10.1596/978-1-4648-1257-6
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author World Bank Group
author_facet World Bank Group
author_sort World Bank Group
collection Publicaciones institucionales emblemáticas
description Published semiannually, Global Economic Prospects includes analysis of topical policy challenges faced by developing countries. Global activity is firming broadly as expected. Manufacturing and trade are picking up, confidence is improving, and international financing conditions remain benign. Global growth is projected to strengthen in 2018-19, in line with January forecasts. In emerging market and developing economies (EMDEs), growth is predicted to recover in 2017-19, as obstacles to growth in commodity exporters diminish amid moderately rising commodity prices, and activity in commodity importers remains robust. Risks to the global outlook remain tilted to the downside. These include increased trade protectionism; elevated economic policy uncertainty; the possibility of financial market disruptions; and, over the longer term, weaker potential growth. A policy priority for EMDEs is to rebuild monetary and fiscal space that could be drawn on were such risks to materialize. Over the longer term, structural policies that support investment and trade are critical to boost EMDE productivity and potential growth.
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spelling wb-10986-298012025-04-15T11:53:26Z Global Economic Prospects, June 2018 The Turning of the Tide? World Bank Group COMMODITY PRICES DEVELOPING COUNTRIES DEVELOPING ECONOMIES ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM Published semiannually, Global Economic Prospects includes analysis of topical policy challenges faced by developing countries. Global activity is firming broadly as expected. Manufacturing and trade are picking up, confidence is improving, and international financing conditions remain benign. Global growth is projected to strengthen in 2018-19, in line with January forecasts. In emerging market and developing economies (EMDEs), growth is predicted to recover in 2017-19, as obstacles to growth in commodity exporters diminish amid moderately rising commodity prices, and activity in commodity importers remains robust. Risks to the global outlook remain tilted to the downside. These include increased trade protectionism; elevated economic policy uncertainty; the possibility of financial market disruptions; and, over the longer term, weaker potential growth. A policy priority for EMDEs is to rebuild monetary and fiscal space that could be drawn on were such risks to materialize. Over the longer term, structural policies that support investment and trade are critical to boost EMDE productivity and potential growth. 2018-05-09T20:51:27Z 2018-05-09T20:51:27Z 2018-06-05 Book Livre Libro https://documents.worldbank.org/en/publication/documents-reports/documentdetail/511081618814129172/global-economic-prospects-june-2018-the-turning-of-the-tide 978-1-4648-1257-6 https://hdl.handle.net/10986/29801 10.1596/978-1-4648-1257-6 https://doi.org/10.1596/978-1-4648-1257-6 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf application/octet-stream Washington, DC: World Bank
spellingShingle COMMODITY PRICES
DEVELOPING COUNTRIES
DEVELOPING ECONOMIES
ECONOMIC GROWTH
ECONOMIC PROSPECTS
EMERGING MARKETS
GLOBAL ECONOMY
INTERNATIONAL TRADE
TRADE PROTECTIONISM
World Bank Group
Global Economic Prospects, June 2018
title Global Economic Prospects, June 2018
title_full Global Economic Prospects, June 2018
title_fullStr Global Economic Prospects, June 2018
title_full_unstemmed Global Economic Prospects, June 2018
title_short Global Economic Prospects, June 2018
title_sort global economic prospects june 2018
topic COMMODITY PRICES
DEVELOPING COUNTRIES
DEVELOPING ECONOMIES
ECONOMIC GROWTH
ECONOMIC PROSPECTS
EMERGING MARKETS
GLOBAL ECONOMY
INTERNATIONAL TRADE
TRADE PROTECTIONISM
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/511081618814129172/global-economic-prospects-june-2018-the-turning-of-the-tide
https://hdl.handle.net/10986/29801
https://doi.org/10.1596/978-1-4648-1257-6
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