Publication:
Global Economic Prospects, June 2024

dc.contributor.authorWorld Bank
dc.date.accessioned2024-05-10T18:09:47Z
dc.date.available2024-05-10T18:09:47Z
dc.date.issued2024-06-11
dc.description.abstractAfter several years of negative shocks, global growth is expected to hold steady in 2024 and then edge up in the next couple of years, in part aided by cautious monetary policy easing as inflation gradually declines. However, economic prospects are envisaged to remain tepid, especially in the most vulnerable countries. Risks to the outlook, while more balanced, are still tilted to the downside, including the possibility of escalating geopolitical tensions, further trade fragmentation, and higher-for-longer interest rates. Natural disasters related to climate change could also hinder activity. Subdued growth prospects across many emerging market and developing economies and continued risks underscore the need for decisive policy action at the global and national levels. 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 economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.
dc.identifier.doi10.1596/978-1-4648-2058-8
dc.identifier.doihttps://doi.org/10.1596/41536
dc.identifier.isbn978-1-4648-2058-8 (paper)
dc.identifier.isbn978-1-4648-2059-5 (electronic)
dc.identifier.issn1014-8906
dc.identifier.otherLibrary of Congress Control Number: 2024910800
dc.identifier.urihttps://hdl.handle.net/10986/41536
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectSMALL STATES
dc.subjectPUBLIC INVESTMENT
dc.subjectSOFT LANDING
dc.subjectTRADE POLICY UNCERTAINTY
dc.subjectWIDENING INCOME GAP
dc.titleGlobal Economic Prospects, June 2024en
dc.typeSerial
dspace.entity.typePublication
okr.associatedcontenthttps://www.worldbank.org/en/news/press-release/2024/06/11/global-economic-prospects-june-2024-press-release Press Release
okr.date.disclosure2024-06-11
okr.date.doiregistration2025-04-14T11:49:59.801121Z
okr.date.doiregistration2025-04-15T02:45:42.979979Z
okr.date.doiregistration2025-04-15T11:04:11.092342Z
okr.date.doiregistration2025-04-16T04:09:25.281702Z
okr.date.doiregistration2025-04-17T03:27:24.204278Z
okr.doctypePublications & Research
okr.doctypePublications & Research::Publication
okr.docurlhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/099003106112426991/idu1bc56b5c41f04914acb194181b46ce62466fe
okr.docurlhttps://documents.worldbank.org/en/publication/documents-reports/documentdetail/099003106112426991/idu1bc56b5c41f04914acb194181b46ce62466fe
okr.guid099003106112426991
okr.identifier.docmidP176968
okr.identifier.doihttps://doi.org/10.1596/41536
okr.identifier.report191093
okr.region.administrativeEAP, ECA, LAC, MNA, SAR, SSA
okr.region.geographicalWorld
okr.statistics.combined186412
okr.statistics.dr099003106112426991
okr.statistics.dr099008206112426193
okr.statistics.drstats5647
okr.topicMacroeconomics and Economic Growth::Economic Forecasting
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicInternational Economics and Trade::Trade Policy
okr.topicPublic Sector Development::Public Investment
okr.unitEFI Prospects Group
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