Summary of Global Economic Prospects (Vol. 8)

Looking for the report?
We have the summary! Get the key insights in just 5 minutes.

Global Economic Prospects (Vol. 8) summary
Start getting smarter:
or see our plans

Rating

8 Overall

9 Importance

7 Innovation

8 Style


Recommendation

Since 2009, global influences have driven about 60% of the growth in capital inflows to developing countries, so any move that high-income countries make away from stimulus and quantitative easing will have a broad impact. The World Bank’s staff of economists and researchers set out to determine just how broad that impact would be by using sophisticated economic modeling tools that analyze the global effects of this pivotal change. The study concludes that the resulting worldwide rise in interest rates will introduce complex shifts in the way investment capital moves into developing countries. The World Bank says that if the transitions are smooth, the impact on developing countries will be minimal. However, turbulence during this transition period could result in economic distress in the form of precipitous capital flight. This report clearly details possible risks and proposes effective coping strategies, such as increased exporting. Tables, graphs, charts, figures and a statistical annex support the detailed text. getAbstract recommends this comprehensive, analytical look at the possible effects of normalization to policy makers, investors, executives, economists, academicians and strategic planners.

In this summary, you will learn

  • How global economic growth conditions will play out in 2014,
  • What World Bank growth projections into 2016 reveal and
  • What risks normalization of monetary support policies in high-income countries may entail for developing nations.
 

About the Author

The World Bank is an international financial institution that aims to reduce poverty by providing credit, advice and resources for capital projects to developing countries.

 

Summary

Moving Toward Steady Growth
Evidence suggests that high-income countries are now on an economic rebound: Their 1.3% growth in 2013 will likely intensify to 2.2% in 2014 and to 2.4% in 2015 and 2016. This is good news for the world economy – 2013 global growth rates of 2.4% are on a trajectory...

More on this topic

By the same author

Making Trade an Engine of Growth for All
Making Trade an Engine of Growth for All
7
China Economic Update
China Economic Update
7
Global Value Chains
Global Value Chains
7
World Development Indicators 2014
World Development Indicators 2014
8
World Development Report 2014
World Development Report 2014
7
Doing Business 2014
Doing Business 2014
8

Customers who read this summary also read

World Economic Outlook April 2016
World Economic Outlook April 2016
7
World Economic Outlook October 2016
World Economic Outlook October 2016
8
World Economic Outlook April 2017
World Economic Outlook April 2017
7
Cracking the Emerging Markets Enigma
Cracking the Emerging Markets Enigma
7
The Eurozone’s Hidden Strengths
The Eurozone’s Hidden Strengths
8
The Most Important Least-Noticed Economic Event of the Decade
The Most Important Least-Noticed Economic Event of the Decade
8

Related Channels

Comment on this summary