Presentation of the World Bank Global Economic Prospects report

Abstract and speaker biography
The World Bank’s Global Economic Prospect report will be released on January 11, 2022. The World Bank expects global growth to decelerate in 2022-23 with advanced economies returning to and emerging markets and developing economies remaining markedly below pre-pandemic trends. The World Bank stresses downside risks to the outlook, in particular, a more virulent pandemic, further supply disruptions, a de-anchoring of inflation expectations, financial stress, climate-related disasters, and a weakening of long-term growth drivers. The presentation will focus on the challenges of resolving high debt after the pandemic and discuss what lessons can be learnt from past debt restructuring agreements. Ohnsorge will also present the World Bank’s analysis of the implications of the pandemic for global inequality, and the causes and implications of commodity price cycles. The webinar will put an emphasis on Central, Eastern and Southeastern European economies.

Franziska Lieselotte Ohnsorge is Manager of the Prospects Group in the Equitable Growth, Finance and Institutions Practice Group at the World Bank. Prior to joining the World Bank, Franziska Lieselotte Ohnsorge worked in the Office of the Chief Economist of the European Bank for Reconstruction and Development on regional surveillance, forecasting, and financial sector policy issues. She was previously at the International Monetary Fund, covering a range of Asian, European and Central Asian economies.

Amat Adarov is a Senior Economist in the Prospects Group of the World Bank. His research focuses on international trade and finance, applied macroeconomics, financial markets, and economic integration. Prior to joining the World Bank, he worked on policy-relevant research projects in the areas of his expertise and forecasting at the Vienna Institute for International Economic Studies. His past professional experience also includes work in academia, public and private sectors in the USA and Russia.

Franziska Ohnsorge
Manager, Prospects Group
The World Bank

Amat Adarov
Senior Economist, Prospects Group
The World Bank

Julia Wörz
Head of CESEE Analysis Unit, Foreign Research Division
Oesterreichische Nationalbank

Date and time
Monday, January 17, 2022, 3:00 p.m. (CET)

Online event via Webex