TNPSC Thervupettagam

Global Economic Prospects report 2019

January 12 , 2019 2016 days 714 0
  • The World Bank has released the Global Economic Prospects report 2019 titled “Darkening Skies”.
  • The Growth among advanced economies is expected to drop to 2% this year.
  • Slowing external demand, rising borrowing costs and persistent policy uncertainties may impact the outlook for Emerging Market and Developing Economies (EMDE).
  • South Asia is expected to grow at 7.1% in 2019 with much of the contribution would come from India.

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