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Book Cover
E-book
Author Group, World Bank

Title Global Economic Prospects, June 2016 : Divergences and Risks
Published Washington, D.C. : World Bank Publications, 2016

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Description 1 online resource (193 pages)
Series Global Economic Prospects
Global Economic Prospects
Contents Cover; Title Page; Copyright Page; Contents; Foreword; Acknowledgments; Abbreviations; Chapter 1 Global Outlook: Divergences and Risks; Summary and key messages; Major economies: Recent developments and outlook; Global trends; Emerging market and developing economies: Recent developments and outlook; Box 1.1 Low-income countries: Recent developments and outlook; Outlook; Box1.2 Regional perspectives: Recent developments and outlook; Risks to the outlook; Policy challenges; References; Special Focus 1 Recent Credit Surge in Historical Context; Introduction; Evolution of private sector credit
Recent credit growth in light of past episodesCurrent credit levels: Warning signs?; Conclusion; Annex SF1.1 Robustness exercises; References; Special Focus 2 Quantifying Uncertainties in Global Growth Forecasts; Selected risk indicators; Risk indicators and global growth; Balance of risks to global growth; Conclusion; Annex SF2.1 Estimating the distribution of the global growth forecast; References; Chapter 2 Regional Outlooks; East Asia and Pacific; Recent developments; Box 2.1.1 Macroeconomic policy developments in selected EAP countries; Outlook; Risks; Policy challenges
Europe and Central AsiaRecent developments; Outlook; Risks; Policy challenges; Latin America and the Caribbean; Recent developments; Box 2.3.1 Sub-regional divergence in Latin America and the Caribbean; Outlook; Risks; Policy challenges; Middle East and North Africa; Recent developments; Outlook; Risks; Policy challenges; South Asia; Recent developments; Outlook; Risks; Policy challenges; Sub-Saharan Africa; Recent developments; Outlook; Box 2.6.1 Macroeconomic effects of low commodity prices in Sub-Saharan Africa; Risks; Policy challenges; References; Statistical Appendix; Figures
1.1 Global prospects1.2 Global prospects (continued); 1.3 Activity and policy space in major advanced economies; 1.4 United States; 1.5 Euro Area; 1.6 Japan; 1.7 China; 1.8 Financial markets; 1.9 Financial markets (continued); 1.10 Commodity markets; 1.11 Commodity markets (continued); 1.12 Global trade; 1.13 Activity in EMDEs; 1.14 External and fiscal buffers in EMDEs; 1.1.1 Recent developments and outlook in LICs; 1.1.2 Recent developments and outlook in LICs (continued); 1.15 Private indebtedness in EMDEs; 1.16 Growth outlook for EMDEs; 1.2.1 Regional Growth
1.17 Risks to global growth prospects1.18 Catch-up of EMDEs] income to advanced economies; 1.19 Risks: China and commodity exporters; 1.20 Geopolitical risks and policy uncertainty; 1.21 Financial market fragilities; 1.22 Stagnation in advanced economies; 1.23 Slower globalization and risk of protectionism; 1.24 Unrealized gains from low oil prices; 1.25 Monetary policy in advanced economies; 1.26 Fiscal policy in advanced economies; 1.27 Structural reforms in advanced economies; 1.28 China's macroeconomic and structural policies; 1.29 Monetary policy in EMDEs; 1.30 Fiscal policy in EMDEs
Summary Global growth prospects have deteriorated in 2016. Emerging market and developing economies are facing increased external headwinds, including softer growth in advanced economies. Commodity exporters are struggling with particularly challenging conditions, while commodity importers are thus far showing greater resilience. Global growth is expected to gradually accelerate in 2017-18 but risks to the outlook are increasingly more pronounced. In addition to discussing global and regional economic developments and prospects, this edition of Global Economic Prospects includes two Special Focus essays of critical importance for emerging and developing economies: an analysis of the buildup of private debt in emerging and frontier markets and a quantitative study of uncertainties surrounding global growth. This year marks the 25th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that has, since its inception in 1991, examined international economic developments and prospects, with a special focus on emerging market and developing economies. It has also included analytical essays on a wide range of topical macroeconomic, financial, and structural policy challenges faced by these economies. It is published on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges, while the June edition contains shorter analytical essays
Notes 1.31 Structural reforms in EMDEs
Bibliography Includes bibliographical references at the end of each chapters
Notes Print version record
Subject Economic forecasting -- Developing countries
BUSINESS & ECONOMICS -- Economics -- General.
BUSINESS & ECONOMICS -- Reference.
Economic forecasting
Economic history
International economic relations
SUBJECT Developing countries -- Economic conditions. http://id.loc.gov/authorities/subjects/sh85037344
Subject Developing countries
Form Electronic book
ISBN 9781464807787
1464807787
9781464807770
1464807779