Less volatile, but slower growth : a World Bank Group flagship report
The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish, especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the boom peri...
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2015
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oai:scholar.dlu.edu.vn:DLU123456789-591672023-11-11T06:31:44Z Less volatile, but slower growth : a World Bank Group flagship report Andrew Burns T N Janse Van Rensburg Economics Economic development The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish, especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the boom period, it is in line with underlying potential, and output is projected to pick up only gradually to around 5.8 percent by 2015. High unemployment and spare capacity remain pressing problems in developing Europe and the Middle East and North Africa. With a more stable external environment, new risks and challenges are gaining prominence, including the potential impact on exporting countries of a faster than anticipated decline in commodity prices, the possibility that the eventual withdrawal of quantitative easing exposes vulnerabilities in developing countries, and the need to resort increasingly to supply-side rather than demand stimulus policies to achieve stronger growth. 2015-11-19T07:48:30Z 2015-11-19T07:48:30Z 2015 Book https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59167 en application/pdf Springer |
| institution |
Thư viện Trường Đại học Đà Lạt |
| collection |
Thư viện số |
| language |
English |
| topic |
Economics Economic development |
| spellingShingle |
Economics Economic development Andrew Burns T N Janse Van Rensburg Less volatile, but slower growth : a World Bank Group flagship report |
| description |
The global economy appears to be transitioning toward a more stable period. Although acute risks have diminished, real-side activity remains sluggish, especially in high-income Europe. Most developing countries have fully recovered from the crisis. Although growth is slower than during the boom period, it is in line with underlying potential, and output is projected to pick up only gradually to around 5.8 percent by 2015. High unemployment and spare capacity remain pressing problems in developing Europe and the Middle East and North Africa. With a more stable external environment, new risks and challenges are gaining prominence, including the potential impact on exporting countries of a faster than anticipated decline in commodity prices, the possibility that the eventual withdrawal of quantitative easing exposes vulnerabilities in developing countries, and the need to resort increasingly to supply-side rather than demand stimulus policies to achieve stronger growth. |
| format |
Book |
| author |
Andrew Burns T N Janse Van Rensburg |
| author_facet |
Andrew Burns T N Janse Van Rensburg |
| author_sort |
Andrew Burns |
| title |
Less volatile, but slower growth : a World Bank Group flagship report |
| title_short |
Less volatile, but slower growth : a World Bank Group flagship report |
| title_full |
Less volatile, but slower growth : a World Bank Group flagship report |
| title_fullStr |
Less volatile, but slower growth : a World Bank Group flagship report |
| title_full_unstemmed |
Less volatile, but slower growth : a World Bank Group flagship report |
| title_sort |
less volatile, but slower growth : a world bank group flagship report |
| publisher |
Springer |
| publishDate |
2015 |
| url |
https://scholar.dlu.edu.vn/thuvienso/handle/DLU123456789/59167 |
| _version_ |
1819816505205850112 |