Global Economic Prospects January 2021 is popular PDF and ePub book, written by World Bank Group in 2021-03-23, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Global Economic Prospects January 2021 can be Read Online from any device for your convenience.
Global Economic Prospects January 2021 Book PDF Summary
Although the global economy is emerging from the collapse triggered by COVID-19, the recovery is likely to be subdued, and global GDP is projected to remain well below its pre-pandemic trend for a prolonged period. Several risks cloud the outlook, including those related to the pandemic and to rapidly rising debt. The pandemic has further diminished already-weak growth prospects for the next decade. Decisive policy actions will be critical in raising the likelihood of better growth outcomes while warding off worse ones. Immediate priorities include supporting vulnerable groups and ensuring a prompt and widespread vaccination process to bring the pandemic under control. Although macroeconomic policy support will continue to be important, limited fiscal policy space amid high debt highlights the need for an ambitious reform agenda that bolsters growth prospects. To address many of these challenges, global cooperation will be key. 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). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.
Detail Book of Global Economic Prospects January 2021 PDF
- Author : World Bank Group
- Release : 23 March 2021
- Publisher : World Bank Publications
- ISBN : 9781464816130
- Genre : Business & Economics
- Total Page : 412 pages
- Language : English
- PDF File Size : 8,5 Mb
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