Monday, January 11, 2016

Global Economic Prospects: Spillovers amid Weak Growth

Emerging market economies have been an engine of global growth during the 2000s, especially after the 2007-08 global financial crisis. 
However, times are changing. Growth rates in several emerging market economies have been declining since 2010. 
The global economy will need to adapt to a new period of more modest growth in large emerging markets, characterized by lower commodity prices and diminished flows of trade and capital. This is the message that underlies this issue of the World Bank Group’s Global Economic Prospects.



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