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Global Economic Prospects, June 2019

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  • World Bank

Abstract

Global growth has continued to soften this year. A modest recovery in emerging market and developing economies continues to be constrained by subdued investment, which is dampening prospects and impeding progress toward achieving critical development goals. Downside risks to the outlook remain elevated, and policymakers continue to face major challenges to boost resilience and foster long-term growth. In addition to discussing global and regional economic developments and prospects, this edition of Global Economic Prospects includes analytical essays on the benefits and risks of government borrowing, recent investment weakness in emerging market and developing economies, the pass-through of currency depreciations to inflation, and the evolution of growth in low-income countries. 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.

Suggested Citation

  • World Bank, 2019. "Global Economic Prospects, June 2019," World Bank Publications - Books, The World Bank Group, number 31655, December.
    • Handle: RePEc:wbk:wbpubs:31655
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/31655/9781464813986.pdf?sequence=11
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    Citations

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    Cited by:

    1. Jongrim Ha & M. Ayhan Kose & Franziska Ohnsorge, 2021. "Inflation During the Pandemic: What Happened? What is Next?," Koç University-TUSIAD Economic Research Forum Working Papers 2108, Koc University-TUSIAD Economic Research Forum.
    2. Uchida, Yuki & Ono, Tetsuo, 2021. "Political economy of taxation, debt ceilings, and growth," European Journal of Political Economy, Elsevier, vol. 68(C).
    3. Ekeocha, Patterson & Ogbuabor, Jonathan, 2020. "Measuring and Evaluating the Dynamics of Trade Shock Propagation in the Oceania," Conference papers 333234, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. Williams Colin C, 2019. "Explaining and tackling the informal economy: an evaluation of competing perspectives," Open Economics, De Gruyter, vol. 2(1), pages 63-75, January.
    5. Jongrim Ha & M. Ayhan Kose & Franziska Ohnsorge, 2022. "Global Stagflation," Koç University-TUSIAD Economic Research Forum Working Papers 2204, Koc University-TUSIAD Economic Research Forum.
    6. Lahlou, Kamal & Doghmi, Hicham & Schneider, Friedrich, 2020. "The Size and Development of the Shadow Economy in Morocco," Document de travail 2020-3, Bank Al-Maghrib, Département de la Recherche.
    7. , 2019. "The “Normal” Normal: Supply and Demand Drivers over the Next 10 Years : Agricultural Symposium 2019," Economic Review, Federal Reserve Bank of Kansas City, issue Special I, pages 27-49, July.
    8. Gentile, Elisabetta & Li, Gen & Mariasingham, Mahinthan Joseph, 2020. "Assessing the impact of the US-PRC trade dispute using a multiregional CGE model," Conference papers 333144, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Alain Kabundi & Franziska Ohnsorge, 2020. "Implications of cheap oil for emerging markets," CAMA Working Papers 2020-83, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    10. Mr. Antonio David & Samuel Pienknagura & Mr. Jorge Roldos, 2020. "Labor Market Dynamics, Informality and Regulations in Latin America," IMF Working Papers 2020/019, International Monetary Fund.
    11. Pierre Nguimkeu & Cedric Okou, 2021. "Leveraging digital technologies to boost productivity in the informal sector in Sub‐Saharan Africa," Review of Policy Research, Policy Studies Organization, vol. 38(6), pages 707-731, November.
    12. Hilaire Nkengfack & Hervé Kaffo Fotio & Armand Totouom, 2021. "How Does the Shadow Economy Affect Environmental Quality in Sub-Saharan Africa? Evidence from Heterogeneous Panel Estimations," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(4), pages 1635-1651, December.
    13. -, 2020. "Perspectivas de la agricultura y del desarrollo rural en las Américas: una mirada hacia América Latina y el Caribe 2019-2020," Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 45111 edited by Cepal, July.
    14. Md. Harun Ur Rashid & Afzal Ahmad & Muhammad Saleh Abdullah & Monir Ahmmed & Serajul Islam, 2022. "Doing Business and Tax Evasion: Evidence from Asian Countries," SAGE Open, , vol. 12(4), pages 21582440221, October.
    15. repec:thr:techub:10019:y:2021:i:1:p:401-411 is not listed on IDEAS
    16. World Bank Group, 2019. "Central African Republic Economic Update, November 2019," World Bank Publications - Reports 32793, The World Bank Group.
    17. Selçuk Akçay & Emre Karabulutoğlu, 2021. "Do remittances moderate financial development–informality nexus in North Africa?," African Development Review, African Development Bank, vol. 33(1), pages 166-179, March.
    18. Vidović Nikola & Ritan Vladana, 2022. "New approach to estimating macroeconomic determinants of informal employment," Economics, Sciendo, vol. 10(2), pages 95-108, December.
    19. Bolortuya Purev & Weida He, 2021. "Coal industrial supply chain network: Mongolian capabilities across the Asian market," Technium Social Sciences Journal, Technium Science, vol. 19(1), pages 401-411, May.
    20. World Bank, 2020. "Uganda Economic Update, 14th Edition, February 2020," World Bank Publications - Reports 33323, The World Bank Group.
    21. Fiedler, Salomon & Gern, Klaus-Jürgen & Jannsen, Nils & Wolters, Maik H., 2019. "Growth prospects, the natural interest rate, and monetary policy," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 13, pages 1-34.
    22. Huang, Xiaodan & Chang, Shiyan & Zheng, Dingqian & Zhang, Xiliang, 2020. "The role of BECCS in deep decarbonization of China's economy: A computable general equilibrium analysis," Energy Economics, Elsevier, vol. 92(C).
    23. Aaron G Lim & Nick Scott & Josephine G Walker & Saeed Hamid & Margaret Hellard & Peter Vickerman, 2021. "Health and economic benefits of achieving hepatitis C virus elimination in Pakistan: A modelling study and economic analysis," PLOS Medicine, Public Library of Science, vol. 18(10), pages 1-19, October.
    24. World Bank Group, 2019. "Kazakhstan Economic Update, December 2019," World Bank Publications - Reports 33066, The World Bank Group.

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