The World Bank monitors international economic and financial trends, regional issues, and major commodities to construct a consistent view for the world economy and the implications and risks to growth in developing countries. The global outlook is released twice a year through Global Economic Prospects. More timely short-term monitoring of developments are issued through Daily Briefs and Focus Topics.
Global growth disappointed again in 2015, slowing to 2.4 percent, and is expected to recover at a slower pace than previously envisioned, says the January 2016 Global Economic Prospects (GEP).
The global economy is still struggling to gain momentum as many high-income countries continue to grapple with legacies of the global financial crisis and emerging economies are less dynamic than in the past.