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Global Economic Prospects, June 2015

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  • World Bank Group

Abstract

Global growth is expected to be 2.8 percent in 2015, but is expected to pick up to 3.2 percent in 2016–17. Growth in developing countries and some high-income countries is set to disappoint again this year. The prospect of rising borrowing costs will compound the challenges many developing countries are facing as they adapt to an era of low commodity prices. Risks to this outlook remain tilted to the downside. This edition of Global Economic Prospects includes two Special Features that analyze the policy challenges raised by the two transitions in developing countries: the risks associated with the first U.S. central bank interest rate increase since 2006 and the implications of persistently low commodity prices for low-income countries. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by developing countries while the June edition contains shorter analytical pieces.

Suggested Citation

  • World Bank Group, 2015. "Global Economic Prospects, June 2015," World Bank Publications - Books, The World Bank Group, number 21999.
    • Handle: RePEc:wbk:wbpubs:21999
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/21999/9781464804830.pdf?sequence=8
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    References listed on IDEAS

    as
    1. Austin Strange & Bradley Parks & Michael J. Tierney & Andreas Fuchs & Axel Dreher & Vijaya Ramachandran, 2013. "China’s Development Finance to Africa: A Media-Based Approach to Data Collection," Working Papers 323, Center for Global Development.
    2. World Bank, "undated". "World Bank East Asia and Pacific Economic Update, April 2015," World Bank Publications - Reports 21737, The World Bank Group.
    3. Whalley John & Weisbrod Aaron, 2012. "The Contribution of Chinese FDI to Africa's Pre Crisis Growth Surge," Global Economy Journal, De Gruyter, vol. 12(4), pages 1-28, December.
    4. Mary-Françoise Renard, 2011. "Working Paper 126 - China’s Trade and FDI in Africa," Working Paper Series 297, African Development Bank.
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    Cited by:

    1. Samuel Ajayi-Obe, 2020. "Key Determinants of Job Creation: A Comparative analysis between OECD Countries and Emerging Economies," Economic Alternatives, University of National and World Economy, Sofia, Bulgaria, issue 4, pages 619-647, December.
    2. Julien Pinter, 2018. "Does Central Bank Financial Strength Really Matter for Inflation? The Key Role of the Fiscal Support," Open Economies Review, Springer, vol. 29(5), pages 911-952, November.
    3. Todorut, Amalia Venera & Paliu-Popa, Lucia & Cirnu, Doru, 2016. "Interdependence between iron ore production and maritime transport," MPRA Paper 87385, University Library of Munich, Germany.
    4. POPESCU Maria-Floriana, 2016. "The Volatility Of Oil Prices On Stock Exchanges In The Context Of Recent Events," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 11(1), pages 112-123, April.
    5. PFAFF Jordan & MCGARRITY P. Joseph, 2016. "Optimal Mixed Strategy Play: Professionals Can, Students Cannot, But What About The In Between Case?," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 11(2), pages 104-114, August.

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