Which one of the following issues the 'Global Economic Prospects' report periodically?
Answer & explanation
Answer: (d) The World Bank
Global Economic Prospects is the World Bank's report on the world economy. It is published twice a year, in January and June. It gives growth forecasts for the global economy, for advanced economies and for emerging and developing economies.
- ✗ (a) The Asian Development Bank publishes the Asian Development Outlook, which covers developing Asia. It does not publish Global Economic Prospects.
- ✗ (b) The EBRD publishes the Transition Report, which covers its countries of operation. It does not publish Global Economic Prospects.
- ✗ (c) The US Federal Reserve is the US central bank. It issues US monetary policy reports and projections, not a global growth report of this name.
- ✓ (d) The World Bank publishes Global Economic Prospects. Its official page describes the report as biannual.
Remember · Global Economic Prospects is the World Bank's biannual (January and June) report. The IMF's counterpart is the World Economic Outlook, and the ADB's is the Asian Development Outlook.
Sources
- World Bank – Global Economic Prospects ↗ “Explore a comprehensive archive of hundreds of analytical pieces from the biannual Global Economic Prospects report, organized by economic subject matter.”
Question: UPSC Civil Services (Preliminary) 2015, General Studies Paper I. Explanation: Minimalist IAS, checked 25 Oct 2026 (how we verify). ·
