Which one of the following issues the ‘Global Economic Prospects’ report periodically?
✓ Correct answer: d) The World Bank UPSC GS Paper-I PYQs 658
ExplanationThe World Bank is the publisher of the Global Eco- nomic Prospects report, a flagship publication that provides comprehensive analyses of the global economic landscape.This report is released twice a year, typically in January and June, and offers in-depth assessments of current economic conditions, emerging trends, and potential risks to the global economy.It serves as a key resource for policymakers.It focuses on the challenges faced by emerging markets and developing economies (EMDEs).The report highlights key is- sues such as trade restrictions, inflation, debt, and geopolit- ical tensions, while offering policy recommendations to foster sustainable growth.For 2025-26, global growth is projected to remain at 2.7%, with EMDEs contributing significantly to global GDP.The GEP emphasizes the need for investment, fiscal reforms, and international cooperation to address climate change, trade governance, and economic disparities.77
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