Name: Global Economic Prospects, June 2023 (en Inglés)
SKU: 56501294
Price: 73510.00 CLP
Availability: InStock
Author: World Bank

portada Global Economic Prospects, June 2023 (en Inglés)

Global Economic Prospects, June 2023 (en Inglés)

Formato

Libro Físico

Autor

World Bank

Editorial

World Bank Publications

Idioma

Inglés

N° páginas

182

Encuadernación

Tapa Blanda

Dimensiones

27.9x21.6x1 cm

Peso

0.44 kg.

ISBN13

9781464819513

Categorías

Macroeconomía
Economía del desarrollo y economías emergentes

Global Economic Prospects, June 2023 (en Inglés)

World Bank (Autor) · World Bank Publications · Tapa Blanda

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Reseña del libro "Global Economic Prospects, June 2023 (en Inglés)"

Global growth is projected to slow significantly in the second half of this year, with weakness continuing in 2024. Inflation pressures persist, and tight monetary policy is expected to weigh substantially on activity. The possibility of more widespread bank turmoil and tighter monetary policy could result in even weaker global growth. Rising borrowing costs in advanced economies could lead to financial dislocations in the more vulnerable emerging market and developing economies (EMDEs). In low-income countries, in particular, fiscal positions are increasingly precarious. Comprehensive policy action is needed at the global and national levels to foster macroeconomic and financial stability. Among many EMDEs, and especially in low-income countries, bolstering fiscal sustainability will require generating higher revenues, making spending more efficient, and improving debt management practices. Continued international cooperation is also necessary to tackle climate change, support populations affected by crises and hunger, and provide debt relief where needed. In the longer term, reversing a projected decline in EMDE potential growth will require reforms to bolster physical and human capital and labor-supply growth.