By Mr Ayhan Kose, Director of the World Bank Group’s Development Prospects Group
Date: 4 February 2015
Venue: ISIS Conference Room, Kuala Lumpur
What is in store for the global economy in 2015 and beyond? Several major forces are driving the global outlook: soft commodity prices; persistently low interest rates but increasingly divergent monetary policies across major economies; and weak world trade. The sharp decline in oil prices since mid-2014 will support global activity and help offset some of the headwinds to growth in oil-importing developing economies. It will, however, dampen growth prospects for oil exporting countries, with significant repercussions. Ayhan Kose will present the findings of the World Bank’s January 2015 Global Economic Prospects and interact with participants on the implications for regions and the private sector.