• 최종편집 2025-02-11(화)
 

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On January 17, the World Bank released its Global Economic Prospects report, offering insights into the global economy’s trajectory. The report, published at 03:00 KST (corresponding to 13:00 on January 16 in Washington, D.C., under international embargo), forecasts a 2.7% global growth rate in 2025 based on market exchange rates, aligning with the June 2024 projection.

 

The World Bank anticipates that declining inflation and easing monetary policies will support stable growth across advanced and developing economies. However, the projected growth remains modest and insufficient to fully offset the cumulative damage caused by consecutive external shocks in recent years.

 

For advanced economies, growth in 2025 is expected to remain at 1.7%, consistent with the June forecast. The United States is projected to experience a gradual slowdown, reflecting signs of softening in the labor market and consumer sentiment. Conversely, the Eurozone is expected to see recovery driven by improved investment and trade, while Japan’s growth is likely to benefit from increased capital investment and stronger consumer spending.

 

Emerging and developing economies are forecasted to grow by 4.1% in 2025, a slight upward revision of 0.1 percentage points from the June projection. China is expected to face slowing growth due to weak domestic demand, while India and the broader South Asia region are poised to maintain robust growth. In contrast, Russia’s economy is forecasted to weaken amid a slowdown in private consumption and investment. Geopolitical tensions, particularly the ongoing war in Ukraine, are expected to remain a significant risk for Eastern Europe and Central Asia.

 

The report underscores persistent downside risks to the 2025 outlook. These include heightened policy uncertainty, adverse shifts in trade policies, escalating geopolitical risks, rising inflation, slowdowns in major economies, and climate-related natural disasters.

 

The World Bank highlights the critical role of international cooperation in addressing trade fragmentation and the debt vulnerabilities of developing nations. It calls for monetary policies focused on price stability, strengthened financial oversight, and enhanced risk management to safeguard financial system stability. The report also emphasizes the importance of fiscal sustainability through prudent spending, balanced investment strategies, and fostering labor market inclusivity to promote broader economic participation.

 

By addressing these pressing challenges, the World Bank aims to pave the way for a more resilient and sustainable global economy in the years ahead.

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World Bank Unveils January Global Economic Prospects Report
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