Europe

Is the zero lower bound no longer a hard constraint? EU-wide strategy to address refugee crisis remains elusive Drought leads to a spike in food prices in Africa and Latin America

Download the World Economic Situation and Prospects Monthly Briefing No. 74 January 2015 Summary ƒƒModerate global economic expansion in 2014, as post-crisis adjustments continued In 2015, developed economies to be led by a stronger U.S. economy, while ...

Sharp decline of oil prices and renewed volatility in financial markets Low inflation in Europe remains a concern Diverging monetary policies in developed economies

The World Economic Situation and Prospects 2013 presents a post-crisis world economy still struggling with continued weakening growth of 2.2 per cent in 2012. It projects disappointing global growth of 2.4 per cent in 2013 and 3.2 per cent in 2014 in t ...