Emerging Market and Developing Economies Current Affairs - 2020

World Bank’s Global Economic Prospect: World Economic Growth projected at 2.5%

On January 9, 2020, the World Bank released its Global Economic Prospect. According to its forecast, the world is expected to grow economically at the rate of 2.5%. This is the lowest prediction since that predicted in 2008-09, 3.1%. By then, the global financial crisis derailed the economy. Highlights The report says that investment and Read More…

Global Economic Prospects report 2019- Key Facts

The World Bank has released the Global Economic Prospects report 2019 titled “Darkening Skies”. The key findings of the report are: Growth among advanced economies is expected to drop to 2 per cent this year. Slowing external demand, rising borrowing costs and persistent policy uncertainties may weigh on the outlook for Emerging Market and Developing Economies Read More…