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, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the …
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The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
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SVAR models that include a single world price (such as the terms-of-trade) predict that world shocks explain a small … multiple commodity prices transmit world disturbances. Estimates on a panel of 138 countries over the period 1960-2015 indicate … that world shocks explain on average 33 percent of output fluctuations in individual economies. This figure doubles when …
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The global economy is losing steam. After a weak start in the beginning of this year, world production accelerated … 2020 world output is expected to rise by 3.4 percent. Despite the gradual global economic slowdown, capacity utilization in …
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World economic growth is moderating accompanied by a broad-based deterioration in economic sentiment. Following a … development. We expect the global economy to expand at a rate of 3.7 percent this year, followed by 3.4 next year. This is a … to expect world production to increase by 3.4 percent. The escalation of trade conflicts, the possibility of a “hard …
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World economic growth has picked up from the sluggish pace registered at the start of the year. We expect global growth …
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