you are currently viewing::World Bank Prospects Group Global Monthly-April 2025April 30, 2025--Overview
Special Focus: Synchronization of Business Cycles in EMDEs and the Rest of the World Emerging market and developing economies' (EMDEs') increasing trade and financial integration with the rest of the world over recent decades has been accompanied by greater comovement of economic activity across EMDEs. Although EMDEs' business cycles are increasingly synchronized, GDP growth in EMDEs still tends to be more correlated with growth in advanced economies (AEs). Growth variation across economies can be attributed to three factors: a global factor capturing common cyclical movements across all economies; a group factor specific to AEs or EMDEs; and a factor specific to each economy. For EMDEs, the group factor has become increasingly important. Source: worldbank.org |
October 14, 2025-- While the near-term forecast is revised up modestly, global growth remains subdued, as the newly introduced policies slowly come into focus
The global economy is adjusting to a landscape reshaped by new policy measures. Some extremes of higher tariffs were tempered, thanks to subsequent deals and resets. But the overall environment remains volatile, and temporary factors that supported activity in the first half of 2025-such as front-loading are fading.