Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges
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.
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| Format: | Book biblioteca |
| Language: | English |
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Washington, DC: World Bank
2020-01-08
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| Subjects: | COMMODITY PRICES, DEVELOPING COUNTRIES, ECONOMIC GROWTH, ECONOMIC PROSPECTS, EMERGING MARKETS, GLOBAL ECONOMY, INTERNATIONAL TRADE, TRADE PROTECTIONISM, DEVELOPING ECONOMIES, INVESTMENT, CURRENCY, INFLATION, DEBT, |
| Online Access: | http://documents.worldbank.org/curated/en/494581578977519941/Global-Economic-Prospects-Slow-Growth-Policy-Challenges http://hdl.handle.net/10986/33044 |
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dig-okr-10986330442021-05-25T09:48:16Z 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 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 http://hdl.handle.net/10986/33044 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication |
| institution |
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| country |
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biblioteca |
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America del Norte |
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Biblioteca del Banco Mundial |
| language |
English |
| topic |
COMMODITY PRICES DEVELOPING COUNTRIES ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM DEVELOPING ECONOMIES INVESTMENT CURRENCY INFLATION DEBT COMMODITY PRICES DEVELOPING COUNTRIES ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM DEVELOPING ECONOMIES INVESTMENT CURRENCY INFLATION DEBT |
| spellingShingle |
COMMODITY PRICES DEVELOPING COUNTRIES ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM DEVELOPING ECONOMIES INVESTMENT CURRENCY INFLATION DEBT 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 : Slow Growth, Policy Challenges |
| 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 |
Book |
| topic_facet |
COMMODITY PRICES DEVELOPING COUNTRIES ECONOMIC GROWTH ECONOMIC PROSPECTS EMERGING MARKETS GLOBAL ECONOMY INTERNATIONAL TRADE TRADE PROTECTIONISM DEVELOPING ECONOMIES INVESTMENT CURRENCY INFLATION DEBT |
| author |
World Bank |
| author_facet |
World Bank |
| author_sort |
World Bank |
| title |
Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges |
| title_short |
Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges |
| title_full |
Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges |
| title_fullStr |
Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges |
| title_full_unstemmed |
Global Economic Prospects, January 2020 : Slow Growth, Policy Challenges |
| title_sort |
global economic prospects, january 2020 : slow growth, policy challenges |
| publisher |
Washington, DC: World Bank |
| publishDate |
2020-01-08 |
| url |
http://documents.worldbank.org/curated/en/494581578977519941/Global-Economic-Prospects-Slow-Growth-Policy-Challenges http://hdl.handle.net/10986/33044 |
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AT worldbank globaleconomicprospectsjanuary2020slowgrowthpolicychallenges |
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