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 --...

Cover -- Title Page -- Copyright Page -- Contents -- Foreword -- Acknowledgments -- Abbreviations -- Chapter 1 Global Outlook: Divergences and Risks -- Summary and key messages -- Major economies: Recent developments and outlook -- Global trends -- Emerging market and developing economies:...

Economic activity in most developing countries has, or is close to having, recovered. Supported by resurgence in international and domestic financial flows and higher commodity prices, most of the spare capacity in developing countries that was created by the crisis has been reabsorbed, and...

The year began on a positive note. A marked improvement in market sentiment, combined with monetary policy easing in developing countries, was reflected in a rebound in economic activity in both developing and advanced countries. Industrial production, trade and capital goods sales all returned...