World Bank analysis of global economic development trends
June 14, 2019 08:26 Source: "China Social Sciences" June 14, 2019, No. 1713, author: This newspaper reporter Zhao Yuan

June 4,The World Bank issued a report "Global Economic Outlook: Tension is intensified,Investment downturn ",Analyze the main trend of the current global economic development,Warning the global economy faces multiple risks,and put forward policy recommendations。How to reduce systemic risks? How to adapt to the development of the times,Copy challenge? The reporter interviewed relevant experts and scholars on the above issues。

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The World Bank report predicts that the global economic growth rate in 2019 is 2.6%。For the specific performance,,The economic growth rate of the developed economy in 2019 is expected to be 1.7%,It will drop to 1.5%in 2020; the economic growth rate of emerging and developing countries in 2019 is expected to be 4%,but 2020,As the turbulence and uncertain factors gradually fade back,The World Bank is expected to rise to 4.6%。

bet365 live casino games Bet365 lotto review The Governor of the World Bank David Malpas said,Each country should carry out major structural reforms,In addition, it is necessary to strengthen debt management,Enhanced transparency,Make new debts help growth and investment。

Franziska Ohnsorge (Franziska Ohnsorge) admitted,2019 international economic and financial market development is relatively difficult,Global economic growth still faces weak investment growth、International trade situation is tight、Business confidence decreases、Challenges such as currency depreciation and inflation。​​other,International trade and investment lower than expected,Main developed economies,Especially the economic vitality of the euro zone is weaker than previous expectations。Due to Türkiye's recovery from the sharp slowdown,It is estimated that the growth rate of Europe and Central Asia in 2020 will increase from 1.6 % in 2019 to 2.7 %。2020,The fiscal stimulus measures of the largest economies in some regions and the growth of private consumption brought by it will begin to subscribe,It is expected Bet365 app download that bet365 live casino games the economic growth in Eastern Europe will return to 2.7 %,Central Asia is 4 %。

Report proposed,2019,International policy uncertainty increases,International business confidence is frustrated。Sino -US economic and trade friction will affect the global economy。Bloomberg report said,Because of worrying that the US trade protectionist policy drags the global economic growth,The World Bank will organize the same International Monetary Fund to reduce the expectations of global economic growth。

 Belt and Road to benefit from multiple parties

Report prediction,China's economic growth rate in 2019 is 6.2%。The World Bank proposed,Adjustment through monetary policy and fiscal policy,China has the ability to respond to external risks。

Ournezog said in an interview with this reporter,World Bank has a lot of research on the "Belt and Road" initiative。Policy research report in January 2019,The "Belt and Road" initiative increases the highest increase in the circulation of national trade along the line by 4.1%。​​other,If you participate in all parties, you can also carry out trade reform,bet365 best casino games Bet365 app download For example,Deepen trade cooperation、Strengthen market openness、Simplified customs clearance procedures、Strengthen the management corridor management, etc.,The income obtained by participating in the "Belt and Road" project will be three times the existing income,Trade export growth will increase up to 12.9%。Countries that are highly involved in the global supply chain and enjoy the new infrastructure for time sensitivity products,Save transport time,You can get more trade development from the “Belt and Road”。

 Integrated into the global value chain

Ournezog said,Although the current borrowing cost is decreased,But you should also be alert to debt accumulation。Future,Countries should take a more optimized way to borrow,better management of debt,Make the loan more clear。Facing financial pressure,Optimize the framework of central banks and monetary policy,can reduce the conduction effect of currency depreciation for inflation。

Report believes,Promoting market competition、Global value chain integration and other related policies help quickly adjust the Bet365 lotto review price Bet365 app download level when facing risks。The credibility and transparency of the Central Bank of the Central Bank is important for stable macroeconomics,The central bank's commitment to lower and stable inflation rates is the most powerful way for the central bank to restrict the conduction effect。

Report Suggestion,Promoting public investment,Among them, re -assigning resources in the field of non -production、Improve expenditure efficiency。​​other,It can be eliminated by eliminating business restrictions、Improve market efficiency and optimize corporate governance to promote private investment。

Many low -income countries excessively rely on agriculture,It is easy to be affected by extreme weather,It is difficult to integrate into the global value chain。​​other,With the slowdown of global economic growth,Bullette demand for commodities,Vulnerability、Conflict and violence affects more than half of low -income countries。How to promote the development of low -income countries? Report Suggestion,You can grow through external and internal stimuli,and bet365 Play online games bet365 Play online games control risks and other measures,Promote the comprehensive strength of low -income countries,To achieve stronger development。If optimizing the financial system in the country,Promoting financial tolerance,Reinforcement governance,Optimize the business environment to support the private sector;、Encourage foreign direct investment,Promoting growth。

Editor in charge: Changchang
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