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Future Development

Do our 2015 forecasts need adjusting? (Part 1)

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This past January, in a Future Development tradition, we sat down and offered a few predictions for 2015. Since then the world has experienced quite a few surprises: there was a technical default in Greece; the Chinese stock market plunged, with uncertainty about the global ramifications; and oil prices have remained low, with implications for prospects in producing and consuming countries and for sectors like renewable energy.

We sat down in the Brookings studio to take stock of some of these changes, and see how we should adjust our forecasts from earlier this year. We have three videos for you below, and will have three in our next post. Following that, Future Development will be taking a break for the month of August. We’ll look forward to hearing your comments again come September!

Co-editor of the Brookings Future Development blog Shanta Devarajan discusses how global growth has proceeded over the past six months and how it may continue through the remainder of 2015.

Co-editor of the Brookings Future Development blog Wolfgang Fengler discusses the ramification of Greece’s economic troubles for Europe, for neighboring countries, and for integration and reform efforts. 

Brookings Senior Fellow and Deputy Director of the Global Economy and Development program Homi Kharas discusses why global growth has been disappointing in 2015, especially in Asia, and what the path forward may be.

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This blog was first launched in September 2013 by the World Bank in an effort to hold governments more accountable to poor people and offer solutions to the most prominent development challenges. Continuing this goal, Future Development was re-launched in January 2015 at brookings.edu.

For archived content, visit worldbank.org »

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