Global Economic Prospects, June 2011

Perspectivas económicas mundiales junio de 2011: mantener los advances en medio de la inestabilidad (Vol. 3)

World Bank

No 12098 in World Bank Publications - Books from The World Bank Group

Abstract: The global financial crisis is no longer the major force dictating the pace of economic activity in developing countries. The majorities of developing countries has, or are close to having regained full-capacity activity levels. As a result, country-specific productivity and sartorial factors are now the dominant factors underpinning growth. Macroeconomic policy in developing countries needs to turn toward medium-term productivity enhancements, managing inflationary pressures re-establishing the fiscal and monetary cushions that allowed most developing countries to come through the crisis so well. In contrast, activity in high income and some developing European countries continues to struggle with crisis-related problems, including banking-sector, fiscal and household restructuring. The remainder of this report is organized as follows. The next section discusses recent developments in global production, trade, inflation, and financial markets, and presents updates of the World Bank's forecast for the global economy and developing countries. This is followed by a more detailed discussion of some of the risks and tensions in the current environment, and a short section of concluding remarks. Several annexes address regional and sartorial issues in much greater detail.

Keywords: Private; Sector; Development-Emerging; Markets; Macroeconomics; and; Economic; Growth-Economic; Theory; &; Research; Finance; and; Financial; Sector; Development-Currencies; and; Exchange; Rates; Finance; and; Financial; Sector; Development-Debt; Markets; Macroeconomics; and; Economic; Growth-Markets; and; Market; Access (search for similar items in EconPapers)
Date: 2011-06
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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