Global activity is firming broadly as expected. Manufacturing andtrade are picking up, confidence is improving, international financingconditions remain benign, and commodity prices are stabilizing.Gr
Stagnant global trade, subdued investment, and heightened policy uncertainty marked another difficult year for the world economy. A subdued recovery is expected for 2017, with receding obstacles to ac
Global Economic Prospects is a World Bank Group Flagship Report. On a semi-annual basis (January and June), it examines global economic developments and prospects, with a special focus on developing c
Global Economic Prospects is a World Bank Group Flagship Report. On a semiannual basis (January and June), it examines global economic developments and prospects, with a special focus on developing co
“The crisis has deeply impacted virtually every economy in the world, and although growth has returned, much progress in the fight against poverty has been lost. More difficult international condition
As in previous years, global growth disappointed in 2014, but a lackluster recovery is underway, with increasingly divergent prospects in major economies and developing countries. Looking ahead, growt
