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Warning signs for emerging economies
The most recent World Bank outlook for emerging markets and developing economies is especially significant because of the cautionary messages it contains. Whereas rich countries appear set to return to or even exceed their pre-pandemic growth rates, the developing world's prospects are more mixed
Kaushik Basu
25 Jun 2021
The World Bank’s Global Economic Prospects ( GEP ) report, published twice a year, is the most important source for evaluating the current and future outlook for emerging markets and developing economies ( EMDEs ). The recently released June edition is especially significant because of the warnings it contains.
