Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

Global Economic Prospects Improve, But There’s a Downside

January 13, 2015

Following another disappointing year in 2014, developing countries should see an uptick in growth this year, boosted in part by soft oil prices, a stronger U.S. economy and continued low global interest rates, says the World Bank Group’s Global Economic Prospects (GEP) report. But the global recovery is fragile, especially in parts of Europe and Asia.