commodity

High commodity dependence and structural barriers hindering long-term growth prospects of many developing countries; intensifying trade tensions between the major economies poses a significant risk to the global growth outlook; recent financial market turbulence exposes vulnerabilities in several developing economies

Growing private consumption, increased investment and strong government expenditure have improved the conditions for growth.

Commodity price rout dampens regional growth prospects China emphasized the need to improve productivity through policies on the supply side of the economy Bank of Japan adopts a negative interest rate