Wednesday, January 14, 2015

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[IWS] World Bank: GLOBAL ECONOMIC PROSPECTS: HAVING FISCAL SPACE AND USING IT [14 January 2015]

IWS Documented News Service

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Institute for Workplace Studies-----------------Professor Samuel B. Bacharach

School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies

Cornell University

16 East 34th Street, 4th floor--------------------Stuart Basefsky

New York, NY 10016 -------------------------------Director, IWS News Bureau

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This service is supported, in part, by donations. Please consider making a donation by following the instructions at http://www.ilr.cornell.edu/iws/news-bureau/support.html

 

World Bank

 

GLOBAL ECONOMIC PROSPECTS: HAVING FISCAL SPACE AND USING IT [14 January 2015]

http://www.worldbank.org/content/dam/Worldbank/GEP/GEP2015a/pdfs/GEP15a_web_full.pdf

[full-text, 216 pages]

 

Highlights

http://www.worldbank.org/content/dam/Worldbank/GEP/GEP2015a/pdfs/Chapter%201%20Highlights.pdf

 

Statistical Appendix

http://www.worldbank.org/content/dam/Worldbank/GEP/GEP2015a/pdfs/GEP2015a_statistical_appendix.pdf

 

 

Press Release 13 January 2015

Global Economic Prospects to Improve in 2015, But Divergent Trends Pose Downside Risks, Says WB

http://www.worldbank.org/en/news/press-release/2015/01/13/global-economic-prospects-improve-2015-divergent-trends-pose-downside-risks

 

WASHINGTON, January 13, 2015 – Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger U.S. economy, continued low global interest rates, and receding domestic headwinds in several large emerging markets, says the World Bank Group’s Global Economic Prospects (GEP) report, released today.

 

After growing by an estimated 2.6 percent in 2014, the global economy is projected to expand by 3 percent this year, 3.3 percent in 2016 and 3.2 percent in 2017 [1], predicts the Bank’s twice-yearly flagship. Developing countries grew by 4.4 percent in 2014 and are expected to edge up to 4.8 percent in 2015, strengthening to 5.3 and 5.4 percent in 2016 and 2017, respectively.

 

AND MORE....

 

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