Book

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

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collection.link.32
https://openknowledge.worldbank.org/handle/10986/2140
collection.name.32
Global Economic Prospects
dc.contributor.author
World Bank
dc.date.accessioned
2019-12-18T17:32:09Z
dc.date.available
2019-12-18T17:32:09Z
dc.date.issued
2020-01-08
dc.date.lastModified
2020-01-21T21:18:22Z
dc.description.abstract
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.
en
dc.identifier
http://documents.worldbank.org/curated/en/494581578977519941/Global-Economic-Prospects-Slow-Growth-Policy-Challenges
dc.identifier.isbn
978-1-4648-1469-3
dc.identifier.isbn
978-1-4648-1468-6
dc.identifier.issn
1014-8906
dc.identifier.uri
http://hdl.handle.net/10986/33044
dc.language
English
dc.publisher
Washington, DC: World Bank
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
COMMODITY PRICES
dc.subject
DEVELOPING COUNTRIES
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC PROSPECTS
dc.subject
EMERGING MARKETS
dc.subject
GLOBAL ECONOMY
dc.subject
INTERNATIONAL TRADE
dc.subject
TRADE PROTECTIONISM
dc.subject
DEVELOPING ECONOMIES
dc.subject
INVESTMENT
dc.subject
CURRENCY
dc.subject
INFLATION
dc.subject
DEBT
dc.title
Global Economic Prospects, January 2020
en
dc.title.subtitle
Slow Growth, Policy Challenges
en
dc.type
Book
en
okr.date.disclosure
2020-01-08
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1468-6
okr.identifier.internaldocumentum
211468
okr.identifier.report
144990
okr.imported
true
en
okr.language.supported
en
okr.topic
Finance and Financial Sector Development :: International Financial Markets
okr.topic
International Economics and Trade :: Capital Flows
okr.topic
Macroeconomics and Economic Growth :: Business Cycles and Stabilization Policies
okr.topic
Macroeconomics and Economic Growth :: Economic Conditions and Volatility
okr.topic
Macroeconomics and Economic Growth :: Economic Forecasting
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.unit
DECPG

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