World Bank, (2016), ” Global Economic Prospects”, January
Global growth disappointed again in 2015, slowing to 2.4 percent, and is expected to recover at a slower pace than previously envisioned. Growth is projected to reach 2.9 percent in 2016, as a modest recovery in advanced economies continues and activity stabilizes among major commodity exporters, according to the World Bank’s January 2016 Global Economic Prospects. Forecasts are subject to substantial downside risks. A more protracted slowdown across large emerging markets could have substantial spillovers to other developing economies, and eventually hold back the recovery in advanced economies.
Relevant Posts
- World Economic Outlook (WEO) Uneven Growth: Short- and Long-Term Factors, International Monetary Fund: World Economic and Financial Surveys, 15 April 2015.
- World Economic Outlook Update, International Monetary Fund, January 2015.