Publication:
Global Economic Prospects, January 2020: Slow Growth, Policy Challenges

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dc.contributor.authorWorld Bank
dc.date.accessioned2019-12-18T17:32:09Z
dc.date.available2019-12-18T17:32:09Z
dc.date.issued2020-01-08
dc.description.abstractGlobal 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.en
dc.identifierhttp://documents.worldbank.org/curated/en/494581578977519941/Global-Economic-Prospects-Slow-Growth-Policy-Challenges
dc.identifier.doi10.1596/978-1-4648-1469-3
dc.identifier.isbn978-1-4648-1469-3
dc.identifier.isbn978-1-4648-1468-6
dc.identifier.issn1014-8906
dc.identifier.urihttps://hdl.handle.net/10986/33044
dc.languageEnglish
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectCOMMODITY PRICES
dc.subjectDEVELOPING COUNTRIES
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PROSPECTS
dc.subjectEMERGING MARKETS
dc.subjectGLOBAL ECONOMY
dc.subjectINTERNATIONAL TRADE
dc.subjectTRADE PROTECTIONISM
dc.subjectDEVELOPING ECONOMIES
dc.subjectINVESTMENT
dc.subjectCURRENCY
dc.subjectINFLATION
dc.subjectDEBT
dc.titleGlobal Economic Prospects, January 2020en
dc.title.subtitleSlow Growth, Policy Challengesen
dc.typeBooken
dc.typeLivrefr
dc.typeLibroes
dspace.entity.typePublication
okr.crossref.titleGlobal Economic Prospects, January 2020 : Slow Growth, Policy Challenges
okr.date.disclosure2020-01-08
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.guid494581578977519941
okr.identifier.doi10.1596/978-1-4648-1468-6
okr.identifier.doi10.1596/978-1-4648-1469-3
okr.identifier.internaldocumentum211468
okr.identifier.report144990
okr.importedtrueen
okr.language.supporteden
okr.topicFinance and Financial Sector Development::International Financial Markets
okr.topicInternational Economics and Trade::Capital Flows
okr.topicMacroeconomics and Economic Growth::Business Cycles and Stabilization Policies
okr.topicMacroeconomics and Economic Growth::Economic Conditions and Volatility
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.unitDECPG
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