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Three warnings for emerging economies Jun 28,2021 - Last updated at Jun 28,2021 ITHACA The World Bank’s Global Economic Prospects (GEP) report, published twice a year, is the most important source for evaluating the current and future outlook for emerging markets and developing economies (EMDEs). The recently released June edition is especially significant because of the warnings it contains. Someone reading this report too quickly could easily miss the bad news, because, as with all publications by international organisations, it comes sugarcoated. That is the responsible thing for the World Bank to do: Avoid causing alarm. But policymakers should heed the important cautionary messages buried in the text.

Republic ofSri lankaJoko widodoKaushik basuProfessor of economics at cornell universityBrookings institutionWorld bank global economic prospectsNational economic recovery committeeWorld bankGlobal economic prospectsEast asiaSouth asiaNational economic recoveryDella temenggungInflation pressuresCornell university