Global Economic Prospects, January 2023:
Global growth is projected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia's invasion of Ukraine. Investment growth in emerging market and developing economies (EMDEs)...
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| Corporate Author: | |
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| Format: | Electronic eBook |
| Language: | English |
| Published: |
Washington, D.C
The World Bank
2023
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| Series: | Global Economic Prospects
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | Global growth is projected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia's invasion of Ukraine. Investment growth in emerging market and developing economies (EMDEs) is expected to remain below its average rate of the past two decades. Further adverse shocks could push the global economy into recession. Small states are especially vulnerable to such shocks because of the reliance on external trade and financing, limited economic diversification, elevated debt, and susceptibility to natural disasters. Against this backdrop, it is critical that EMDE policy makers ensure that any fiscal support is focused on vulnerable groups, that inflation expectations remain well anchored, and that financial systems continue to be resilient. Urgent global and national efforts are also needed to mitigate the risks of global recession and debt distress in EMDEs, and to support a major increase in EMDE investment. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies |
| Physical Description: | 1 Online-Ressource (194 Seiten) |
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| 520 | 3 | |a Global growth is projected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia's invasion of Ukraine. Investment growth in emerging market and developing economies (EMDEs) is expected to remain below its average rate of the past two decades. Further adverse shocks could push the global economy into recession. Small states are especially vulnerable to such shocks because of the reliance on external trade and financing, limited economic diversification, elevated debt, and susceptibility to natural disasters. Against this backdrop, it is critical that EMDE policy makers ensure that any fiscal support is focused on vulnerable groups, that inflation expectations remain well anchored, and that financial systems continue to be resilient. Urgent global and national efforts are also needed to mitigate the risks of global recession and debt distress in EMDEs, and to support a major increase in EMDE investment. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies | |
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| 650 | 4 | |a Global Deceleration | |
| 650 | 4 | |a Global Economy | |
| 650 | 4 | |a Global Growth | |
| 650 | 4 | |a Inflation | |
| 650 | 4 | |a Macroeconomic Policy | |
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| language | English |
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| spelling | World Bank Group Verfasser aut Global Economic Prospects, January 2023 Washington, D.C The World Bank 2023 1 Online-Ressource (194 Seiten) txt rdacontent c rdamedia cr rdacarrier Global Economic Prospects Global growth is projected to decelerate sharply, reflecting synchronous policy tightening aimed at containing very high inflation, worsening financial conditions, and continued disruptions from Russia's invasion of Ukraine. Investment growth in emerging market and developing economies (EMDEs) is expected to remain below its average rate of the past two decades. Further adverse shocks could push the global economy into recession. Small states are especially vulnerable to such shocks because of the reliance on external trade and financing, limited economic diversification, elevated debt, and susceptibility to natural disasters. Against this backdrop, it is critical that EMDE policy makers ensure that any fiscal support is focused on vulnerable groups, that inflation expectations remain well anchored, and that financial systems continue to be resilient. Urgent global and national efforts are also needed to mitigate the risks of global recession and debt distress in EMDEs, and to support a major increase in EMDE investment. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies Advanced Economies Debt Levels EMDE Emerging Market and Developing Economies Fiscal Policy Global Deceleration Global Economy Global Growth Inflation Macroeconomic Policy Recession Russia Invasion Erscheint auch als Druck-Ausgabe 9781464819063 http://documents.worldbank.org/curated/en/099617212132336233 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Global Economic Prospects, January 2023 Advanced Economies Debt Levels EMDE Emerging Market and Developing Economies Fiscal Policy Global Deceleration Global Economy Global Growth Inflation Macroeconomic Policy Recession Russia Invasion |
| title | Global Economic Prospects, January 2023 |
| title_auth | Global Economic Prospects, January 2023 |
| title_exact_search | Global Economic Prospects, January 2023 |
| title_exact_search_txtP | Global Economic Prospects, January 2023 |
| title_full | Global Economic Prospects, January 2023 |
| title_fullStr | Global Economic Prospects, January 2023 |
| title_full_unstemmed | Global Economic Prospects, January 2023 |
| title_short | Global Economic Prospects, January 2023 |
| title_sort | global economic prospects january 2023 |
| topic | Advanced Economies Debt Levels EMDE Emerging Market and Developing Economies Fiscal Policy Global Deceleration Global Economy Global Growth Inflation Macroeconomic Policy Recession Russia Invasion |
| topic_facet | Advanced Economies Debt Levels EMDE Emerging Market and Developing Economies Fiscal Policy Global Deceleration Global Economy Global Growth Inflation Macroeconomic Policy Recession Russia Invasion |
| url | http://documents.worldbank.org/curated/en/099617212132336233 |
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