Policy Papers

Against a backdrop of declining oil prices, sharp variations in exchange rates, and market volatility, global growth remains uneven. The prospect of a new mediocre lingers as medium-term forecasts have been marked down since the <a href="/external/pp/longres.aspx?id=4912">last GPA</a>. <br />Promoting balanced, sustained growth requires an integrated policy package that bolsters today’s actual and tomorrow’s potential output, diminishes risks, and confronts emerging global challenges.<br><br> <a href="/external/mmedia/view.aspx?vid=4176839368001">Watch the Video</a> <br><br> The Executive Summary is also available in: <br> <a href="/external/arabic/np/pp/2015/041315a.pdf">Arabic</a> , <a href="/external/chinese/np/pp/2015/041315c.pdf">Chinese</a>, <a href="/external/french/np/pp/2015/041315f.pdf">French</a>, <a href="/external/japanese/np/pp/2015/041315j.pdf">Japanese</a>, <a href="/external/russian/np/pp/2015/041315r.pdf">Russian</a>, and <a href="/external/spanish/np/pp/2015/041315s.pdf">Spanish</a>.