Wednesday, January 14, 2015
Tweet[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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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
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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