Summary of Global Economic Prospects (Vol. 5)

Managing Growth in a Volatile World

World Bank,

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Global Economic Prospects (Vol. 5) summary
What does the World Bank forecast for the developing world?

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For the official view of what’s happening in the global economy, particularly as it relates to developing countries, go to the source: the World Bank. This periodically issued report amasses data and expert analyses from the bank’s Development Economics Group to provide an up-to-date resource about global economic events in 2011 and the first half of 2012, as well as informed forecasts for 2013 and 2014. getAbstract suggests this comprehensive, analytical look at developing markets’ economies to policy makers, executives and planners.

In this summary, you will learn

  • How the global economy developed in 2011 and in the first half of 2012
  • What economic indicators, like industrial production and inflation, augur for the rest of 2012
  • How the various regions of the developing world performed economically in 2011
  • What to expect in the near future
 

Summary

The State of the World
Destabilizing global events characterized much of 2011. Natural disasters, like Japan’s earthquake and Thailand’s floods, and man-made calamities, such as economic turmoil in Greece and the rest of the euro zone, adversely affected both financial markets and economic...
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About the Authors

Andrew Burns and Theo Janse van Rensburg are part of the Prospects Group in the Development Economics Vice Presidency of the World Bank.


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