WASHINGTON DC, June 12, 2023 – Global growth has slowed sharply and the risk of financial stress in emerging market and developing economies (EMDEs) is intensifying amid elevated global interest rates. Global growth is projected to decelerate from 3.1% in 2022 to 2.1% ...
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Tag Archives: Global Economic
Feed SubscriptionWTO, World Bank, WEF launch joint effort to provide tailored trade and climate analysis
WASHINGTON DC, April 20, 2023 – The World Trade Organization, the World Bank Group and the World Economic Forum on 20 April launched “Action on Climate and Trade” (ACT), a new initiative that aims to help participating developing economies, including ...
Read More »Sharp, Long-lasting Slowdown to Hit Developing Countries Hard
WASHINGTON DC, February 9, 2023 – Global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia’s invasion of Ukraine, according to the World Bank’s latest Global Economic Prospects report. Read More ...
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