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The World Region

Global investment patterns will see radical changes by 2030

Jamus Lim's picture

In an earlier post, we highlighted a feature of the global pattern of investment in recent times: that since 2000, developing countries have gradually increased their share of global investment, moving from around 20 percent through much of the second half of the last century, to around 46 percent by 2010. The rapidity of this rise notwithstanding, the natural question is whether this trend will continue into the future.

World Bank published latest commodity prices: May 2013

John Baffes's picture
In April of 2013, the US dollar price of energy commodities dropped by 2.9%, while the US dollar price of non-energy commodities fell by 3.1%.  Food prices are down by 3.7%, beverages increased by 1.1%, raw materials declined by 1.5%, metals dropped by 4.2% while precious metals plunged by 7.7%.

To access recent and long-term historical prices and other commodity-related information, please click here


Prospects Weekly: Headwinds from Euro Area likely to persist through the second quarter of 2012

Global Macroeconomics Team's picture

Latest business surveys for the Euro Area suggest that the nascent recovery in activity in the region may be shortlived. Recent data suggests that Euro-Area deleveraging has had a negative impact on trade finance, but that trade finance availability should firm during 2012.

Small-Time Convergence

Jamus Lim's picture

For any macroeconomist concerned about growth in nations, economic convergence---the catch-up of less developed economies with the mature industrialized ones---is the ultimate dream. The basic premise behind the notion of convergence gas been around for at least a half century, following on Robert Solow's groundbreaking work on the dynamics of economic growth. Alas, convergence, at least as commonly understood by the profession, has remained elusive for the majority of developing countries in the world.

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