As Kaushik Basu  said yesterday, downside risks to the global economy have diminished, market conditions look better, borrowing costs in advanced economies are down from worrying levels seen last June , and developing country growth is still in the 5 percent range. Yet this improvement is transmitting to the real side very minimally.
That was just one of the takeaways from Global Economic Prospects 2013 , launched January 15. A new-look global outlook site  allows users to access a wealth of analysis, forecasts and data for the world’s economies.
Lead GEP author Andrew Burns breaks down some of the key findings from the new report in a post  on Prospects for Development.
World Bank Group President Jim Yong Kim reflects on the GEP findings in a video clip as well.