Global Economic Prospects, June 2015 : The Global Economy in Transition
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Global growth is expected to be 2.8 percent in 2015, but is expected to
pick up to 3.2 percent in 2016–17. Growth in developing countries and
some high-income countries is set to disappoint again this year. The
prospect of rising borrowing costs will compound the challenges many
developing countries are facing as they adapt to an era of low commodity
prices. Risks to this outlook remain tilted to the downside.
This edition of Global Economic Prospects includes two Special Features
that analyze the policy challenges raised by the two transitions in
developing countries: the risks associated with the first U.S. central
bank interest rate increase since 2006 and the implications of
persistently low commodity prices for 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 developing countries, on a semiannual basis (in January and
June). The January edition includes in-depth analyses of topical policy
challenges faced by developing countries while the June edition contains
shorter analytical pieces.
Citation
“World Bank Group. 2015. Global Economic Prospects, June 2015 : The Global Economy in Transition. Washington, DC: World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/21999 License: CC BY 3.0 IGO.”
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