Cover -- Table of contents -- Foreword -- Acknowledgments -- Executive Summary -- Abbreviations -- Chapter 1 Global Outlook: Disappointments, Risks, and Spillovers -- Summary and key messages -- Major economies -- Global trends and spillovers -- Developing countries -- Risks to the outlook --...

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...

The global economy is in a broad-based cyclical recovery. Investment, manufacturing and trade are on the rebound. Financing conditions are benign, monetary policies are generally accommodative, and the worst impacts of the recent commodity price collapse have begun to dissipate. However, the...

Published semiannually, Global Economic Prospects includes analysis of topical policy challenges faced by developing countries. Global activity is firming broadly as expected. Manufacturing and trade are picking up, confidence is improving, and international financing conditions remain benign....