The Global Economy: Heightened Tensions, Subdued Growth
June 4th, 2019 – The global economy has slowed to its lowest pace in three years. It is on track to stabilize, but its momentum is fragile and subject to substantial risks.
International trade and investment have been weaker than expected at the start of the year, and economic activity in major advanced economies, particularly the Euro Area, and some large emerging market and developing economies has been softer than previously anticipated.
Growth in the emerging and developing world is expected to pick up next year as the turbulence and uncertainty that afflicted a number of countries late last year and this year recedes, the World Bank’s June 2019 Global Economic Prospects: Heightened Tensions, Subdued Investment reports.
More…http://www.worldbank.org/en/news/immersive-story/2019/06/04/the-global-economy-heightened-tensions-subdued-growth
Written by The World Bank
Related Post
Building Resilience: SMEs Navigating Supply Chain...
Small and medium enterprises (SMEs) are facing unprecedented challenges as global supply chains become increasingly vulnerable to geopolitic...
World Food Forum 2025 celebrates FAO’s...
The 2025 edition of the World Food Forum (WFF) flagship event kicked off on October 13 at the headquarters of the Food and Agriculture Or...
The Green Transition of SMEs and...
At the end of September was published a project funded by the European Union and implemented by the OECD. It provides an assessment of Portu...
