A World Bank Group
Flagship Report
Global
Economic
Prospects
JANUARY 2017
Weak Investment in
Uncertain Times
JANUARY 2017
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ISBN (paper):978-1-4648-1016-9
ISBN (electronic):978-1-4648-1017-6
DOI:10.1596/978-1-4648-1016-9
Cover design: Bill Pragluski (Critical Stages).
The cutoff date for the data used in this report was December 15,2016.The cutoff date for the data used in this report was December 15,2016.The cutoff date for the data used in this report was December 15,2016.The cutoff date for the data used in this report was December 15,2016.
iii
Summary of Contents
Chapter 1Chapter 1Chapter 1Chapter 1 Global Outlook: Subdued Growth, Shifting Policies, Heightened UncertaintyGlobal Outlook: Subdued Growth, Shifting Policies, Heightened UncertaintyGlobal Outlook: Subdued Growth, Shifting Policies, Heightened UncertaintyGlobal Outlook: Subdued Growth, Shifting Policies, Heightened Uncertainty....1111
Special Focus Special Focus Special Focus Special FocusThe U.S. Economy and the WorldThe U.S. Economy and the WorldThe U.S. Economy and the WorldThe U.S. Economy and the World57575757
Chapter 2Chapter 2Chapter 2Chapter 2 Regional OutlooksRegional OutlooksRegional OutlooksRegional Outlooks....81818181
Weak Investment in Uncertain Times: Causes, Implications and Weak Investment in Uncertain Times: Causes, Implications and Weak Investment in Uncertain Times: Causes, Implications and Weak Investment in Uncertain Times: Causes, Implications and
Policy ResponsesPolicy ResponsesPolicy ResponsesPolicy Responses....191191191191
Chapter 3Chapter 3Chapter 3Chapter 3
Box 1.1 Low-income countries: Recent developments and outlook...19
Box 1.2 Regional perspectives: Recent developments and outlook.....26
Box 2.1.1 Investment developments and outlook: East Asia and Pacific .........93
Box 2.2.1 Recent investment slowdown: Europe and Central Asia ...109
Box 2.3.1 Recent investment slowdown: Latin America and the Caribbean .126
Box 2.4.1 Recent investment slowdown: Middle East and North Africa .......142
Box 2.5.1 Recent investment slowdown: South Asia...........159
Box 2.6.1 Recent investment slowdown: Sub-Saharan Africa..........173
Box 3.1 Investment-less credit booms ..........203
Box 3.2 Implications of rising uncertainty for investment in EMDEs.........209
Box 3.3 Investment slowdown in China ......214
Box 3.4 Interactions between public and private investment...........221
BoxesBoxesBoxesBoxes
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