Global growth is expected to slow further this year, reflecting the lagged and ongoing effects of tight monetary policy to rein in inflation, restrictive credit conditions, and anemic global trade and investment. Downside risks include an escalation of the recent conflict in the Middle East, financial stress, persistent inflation, weaker-than-expected activity in China, trade fragmentation, and climate-related disasters. Against this backdrop, pdolicy...
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2024/01/09
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Publication
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186862
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1
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2024/01/09
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Disclosed
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Global Economic Prospects, January 2024 (Executive Summary)
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Citation
World Bank.
Global Economic Prospects, January 2024 (Executive Summary) (English). Global Economic Prospects Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099144501082413155