Global economic prospects

The world economy is experiencing a strong but uneven recovery, with emerging market and developing economies facing obstacles to vaccination. Policy makers must balance nurturing the recovery with safeguarding price stability and fiscal sustainability. A comprehensive set of policies is needed to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development.

\n Format: Paperback / softback
\n Length: 192 pages
\n Publication date: 30 August 2021
\n Publisher: World Bank Publications
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The world economy is embarking on a remarkable but uneven recovery, with numerous emerging market and developing economies encountering significant challenges in their vaccination efforts. The global outlook remains uncertain, characterized by significant risks related to the trajectory of the pandemic and the potential for financial stress amidst substantial debt burdens. Policymakers are navigating a delicate balancing act, striving to foster a robust recovery while simultaneously ensuring price stability and fiscal sustainability. A comprehensive set of policies is urgently needed to propel a sustainable recovery that addresses inequality and promotes environmental sustainability. Among the essential policies are initiatives to reduce trade costs, aiming to revitalize trade as a powerful engine of growth. This year marks the 30th anniversary of the Global Economic Prospects, a flagship report produced by the World Bank Group that delves into global economic developments and prospects, with a particular emphasis on emerging market and developing economies.

\n Weight: 516g\n
Dimension: 215 x 280 x 18 (mm)\n
ISBN-13: 9781464816659\n \n