Back to Top. Chapter 1 : Fiscal Policy for a Changing Global Economy Full text Blog. With global growth slowing and uncertainty rising, fiscal policy should prepare for potential downturns—balancing ...

Last Updated: June 24, 2025. A djustment of fiscal balances for the output cycle is crucial for assessing fiscal sustainability. Other temporary factors may also affect fiscal balances, concealing the ...

Drawing on the development experience and advances in economic analysis since the 1950s, World Development Report 2024 identifies what developing economies can do to avoid the “middle-income trap.” ...