Global Economic Prospects, January 2020
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 mitigate uncertainty, the balance of risks to the outlook is to the downside. Growth in emerging market and developing economies is also ex...
Guardado en:
| Autor principal: | |
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| Formato: | En linea |
| Idioma: | inglés |
| Publicado: |
Washington, DC: World Bank
2019
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| Materias: | |
| Acceso en línea: | http://documents.worldbank.org/curated/en/494581578977519941/Global-Economic-Prospects-Slow-Growth-Policy-Challenges https://hdl.handle.net/10986/33044 |
| _version_ | 1866367005883367424 |
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| author | World Bank |
| author_facet | World Bank |
| author_sort | World Bank |
| collection | Publicaciones institucionales emblemáticas |
| description | 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 mitigate 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. |
| format | Online Book |
| id | wb-10986-33044 |
| institution | Banco Mundial |
| language | English |
| publishDate | 2019 |
| publisher | Washington, DC: World Bank |
| record_format | dspace |
| spelling | wb-10986-330442025-04-16T04:58:27Z Global Economic Prospects, January 2020 Slow Growth, Policy Challenges World Bank COMMODITY PRICES DEVELOPING COUNTRIES ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM DEVELOPING ECONOMIES INVESTMENT CURRENCY INFLATION DEBT 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 mitigate 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. 2019-12-18T17:32:09Z 2019-12-18T17:32:09Z 2020-01-08 Book Livre Libro http://documents.worldbank.org/curated/en/494581578977519941/Global-Economic-Prospects-Slow-Growth-Policy-Challenges 978-1-4648-1469-3 978-1-4648-1468-6 1014-8906 https://hdl.handle.net/10986/33044 10.1596/978-1-4648-1469-3 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 ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM DEVELOPING ECONOMIES INVESTMENT CURRENCY INFLATION DEBT World Bank Global Economic Prospects, January 2020 |
| title | Global Economic Prospects, January 2020 |
| title_full | Global Economic Prospects, January 2020 |
| title_fullStr | Global Economic Prospects, January 2020 |
| title_full_unstemmed | Global Economic Prospects, January 2020 |
| title_short | Global Economic Prospects, January 2020 |
| title_sort | global economic prospects january 2020 |
| topic | COMMODITY PRICES DEVELOPING COUNTRIES ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM DEVELOPING ECONOMIES INVESTMENT CURRENCY INFLATION DEBT |
| url | http://documents.worldbank.org/curated/en/494581578977519941/Global-Economic-Prospects-Slow-Growth-Policy-Challenges https://hdl.handle.net/10986/33044 |
| work_keys_str_mv | AT worldbank globaleconomicprospectsjanuary2020 AT worldbank slowgrowthpolicychallenges |