| Global Economic Prospects, January 2019: Darkening Skies Contributor(s): World Bank (Author) |
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ISBN: 1464813434 ISBN-13: 9781464813436 Publisher: World Bank Publications OUR PRICE: $33.25 Product Type: Paperback - Other Formats Published: February 2019 |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Macroeconomics - Business & Economics | Development - Economic Development |
| Series: Global Economic Prospects |
| Physical Information: 0.55" H x 8.5" W x 11" (1.34 lbs) 270 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: The outlook for the global economy has darkened. Global financing conditions have tightened, industrial production has moderated, trade tensions have intensified, and some large emerging market and developing economies have experienced significant financial market stress. Faced with these headwinds, the recovery in emerging market and developing economies has lost momentum. Downside risks have become more acute and include the possibility of disorderly financial market movements and an escalation of trade disputes. Debt vulnerabilities in emerging market and developing economies, particularly low-income countries, have increased. More frequent severe weather events would raise the possibility of large swings in international food prices, which could deepen poverty. In this difficult environment, it is of paramount importance for emerging market and developing economies to rebuild policy buffers while laying a stronger foundation for future growth by boosting human capital, promoting trade integration, and addressing the challenges associated with informality, |