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CO2 emissions expected to reach an historical high in 2018
The low cost of coal relative to alternative energy sources is slowing progress towards energy transition in many regions
Phasing out coal use requires a reliable and stable alternative energy supply, plus support to the economic and employment transition in regions dependent on coal production
Global growth may have reached a peak
Firms in the United States and Japan are facing capacity constraints
Manufacturing activity slows in developed and developing economies
Russian Federation commits to halving poverty by 2024
China turns to pro-growth measures to mitigate the impact of the trade disputes
Fiscal pressures creating significant policy challenges in Latin America
High commodity dependence and structural barriers hindering long-term growth prospects of many developing countries; intensifying trade tensions between the major economies poses a significant risk to the global growth outlook; recent financial market turbulence exposes vulnerabilities in several developing economies
Improved economic performance in the global economy increasingly overshadowed by heightened risks and humanitarian concerns; armed conflicts a major impediment to progress on sustainable development; need for a redoubling of policy efforts to support conflict prevention and resolution
Rising levels of public debt fueling fiscal sustainability concerns in many developing countries
Several countries highly vulnerable to a sharp increase in government interest burden in the event of a financial shock
High debt service obligations limit the availability of resources to pursue development objectives
Global growth expected to reach 3.2 per cent in 2018 and 2019
Key downside risks to the global economy include rising trade tensions, elevated debt and uncertainty over monetary policy adjustments in the developed countries
Recent strengthening of economic growth carries environmental costs
Rising trade tensions pose a risk to the global trade outlook
Africa marks an historic step towards the creation of a regional trade bloc
Short-term prospects for the world economy continue to strengthen, but more efforts are needed to ensure the gains are widely shared
Weak productivity growth and a lack of secure employment are constraining progress in many countries in Africa, Latin America and Western Asia
Rising inequality in China and India poses a risk to medium-term growth prospects
Stock market volatility returns amid concerns over inflation and monetary policy tightening
Macroprudential policy measures in emerging economies can help address financial vulnerabilities and limit systemic risks
Global investment conditions have improved markedly, but investment gaps remain large in many developing countries