Global Economic Prospects, January 2022
The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market and developing economies will remain markedly below pre-pandemic trends over the forecast hori...
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| Formato: | En linea |
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Washington, DC: World Bank
2021
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| Acceso en línea: | https://documents.worldbank.org/en/publication/documents-reports/documentdetail/957321641964985120/main-report https://hdl.handle.net/10986/36519 |
| _version_ | 1866367009644609536 |
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| author | World Bank |
| author_facet | World Bank |
| author_sort | World Bank |
| collection | Publicaciones institucionales emblemáticas |
| description | The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market and developing economies will remain markedly below pre-pandemic trends over the forecast horizon. The outlook is clouded by various downside risks, including new COVID-19 outbreaks, the possibility of de-anchored inflation expectations, and financial stress in a context of record-high debt levels. If some countries eventually require debt restructuring, this will be more difficult to achieve than in the past. Climate change may increase commodity price volatility, creating challenges for the almost two-thirds of emerging market and developing economies that rely heavily on commodity exports and highlighting the need for asset diversification. Social tensions may heighten as a result of the increase in inequality caused by the pandemic. These challenges underscore the importance of strengthened global cooperation to promote a green, resilient, and inclusive recovery path. |
| format | Online Book |
| id | wb-10986-36519 |
| institution | Banco Mundial |
| publishDate | 2021 |
| publisher | Washington, DC: World Bank |
| record_format | dspace |
| spelling | wb-10986-365192025-11-18T14:17:49Z Global Economic Prospects, January 2022 World Bank COMMODITY PRICES ECONOMIC GROWTH ECONOMIC OUTLOOK EMERGING MARKET ECONOMIES DEVELOPING COUNTRIES INTERNATIONAL TRADE DEBT ECONOMIC RECOVERY CORONAVIRUS COVID-19 FISCAL POLICY POST-PANDEMIC INEQUALITY FINANCIAL CRISIS The global recovery is set to decelerate amid diminished policy support, continued COVID-19 flare-ups, and lingering supply bottlenecks. In contrast to that in advanced economies, output in emerging market and developing economies will remain markedly below pre-pandemic trends over the forecast horizon. The outlook is clouded by various downside risks, including new COVID-19 outbreaks, the possibility of de-anchored inflation expectations, and financial stress in a context of record-high debt levels. If some countries eventually require debt restructuring, this will be more difficult to achieve than in the past. Climate change may increase commodity price volatility, creating challenges for the almost two-thirds of emerging market and developing economies that rely heavily on commodity exports and highlighting the need for asset diversification. Social tensions may heighten as a result of the increase in inequality caused by the pandemic. These challenges underscore the importance of strengthened global cooperation to promote a green, resilient, and inclusive recovery path. 2021-11-09T20:02:11Z 2021-11-09T20:02:11Z 2022-01-11 Book Livre Libro https://documents.worldbank.org/en/publication/documents-reports/documentdetail/957321641964985120/main-report 978-1-4648-1758-8 https://hdl.handle.net/10986/36519 10.1596/978-1-4648-1758-8 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank application/pdf application/pdf application/octet-stream application/vnd.openxmlformats-officedocument.spreadsheetml.sheet Washington, DC: World Bank |
| spellingShingle | COMMODITY PRICES ECONOMIC GROWTH ECONOMIC OUTLOOK EMERGING MARKET ECONOMIES DEVELOPING COUNTRIES INTERNATIONAL TRADE DEBT ECONOMIC RECOVERY CORONAVIRUS COVID-19 FISCAL POLICY POST-PANDEMIC INEQUALITY FINANCIAL CRISIS World Bank Global Economic Prospects, January 2022 |
| title | Global Economic Prospects, January 2022 |
| title_full | Global Economic Prospects, January 2022 |
| title_fullStr | Global Economic Prospects, January 2022 |
| title_full_unstemmed | Global Economic Prospects, January 2022 |
| title_short | Global Economic Prospects, January 2022 |
| title_sort | global economic prospects january 2022 |
| topic | COMMODITY PRICES ECONOMIC GROWTH ECONOMIC OUTLOOK EMERGING MARKET ECONOMIES DEVELOPING COUNTRIES INTERNATIONAL TRADE DEBT ECONOMIC RECOVERY CORONAVIRUS COVID-19 FISCAL POLICY POST-PANDEMIC INEQUALITY FINANCIAL CRISIS |
| url | https://documents.worldbank.org/en/publication/documents-reports/documentdetail/957321641964985120/main-report https://hdl.handle.net/10986/36519 |
| work_keys_str_mv | AT worldbank globaleconomicprospectsjanuary2022 |