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Policy Research Notes

March 2015 - present

Policy Research Notes (PRNs) are prepared under the direction of the World Bank Chief Economist and Senior Vice President for Development Economics. PRNs combine and distill existing and new research to inform discussion on topical policy issues. They are aimed at a broad audience interested in economic policy.


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Slowdown in emerging markets : rough patch or prolonged weakness? (English)

A synchronous growth slowdown has been underway in emerging markets (EM) since 2010. Growth in these countries is now markedly slower than, not just the pre‐crisis average, but also the long‐term average. ... See More +

Working Paper (Numbered Series) 101741 DEC 01, 2015

Didier Brandao,Tatiana; Kose,Ayhan; Ohnsorge,Franziska Lieselotte; Ye,Lei Sandy Disclosed

Ending extreme poverty and sharing prosperity : progress and policies (English)

With 2015 marking the transition from the Millennium to the Sustainable Development Goals, the international community can celebrate many development successes since 2000. ... See More +

Working Paper (Numbered Series) 101740 OCT 01, 2015

Vargas Da Cruz,Marcio Jose; Foster,James E.; Quillin,Bryce Ramsey; Schellekens,Philip Disclosed

The coming U.S. interest rate tightening cycle : smooth sailing or stormy waters? (English)

Since the global financial crisis, the exceptionally accommodative monetary policy stance of the U.S. Federal Reserve (Fed) has helped support activity, bolstered asset valuations, and reduced risk premia. ... See More +

Board Report 100437 SEP 01, 2015

Arteta,Carlos; Kose, M. Ayhan; Ohnsorge,Franziska Lieselotte; Stocker,Marc Disclosed

The great plunge in oil prices : causes, consequences, and policy responses (English)

This note combines and distills existing and new research to inform discussion on the topical policy issue of oil prices. Following four years of relative stability at around $105 per barrel (bbl), oil prices have declined sharply since June 2014 and are expected to remain low for a considerable period of time. ... See More +

Working Paper (Numbered Series) 94725 MAR 01, 2015

Baffes,John; Kose,Ayhan; Ohnsorge,Franziska Lieselotte; Stocker,Marc Disclosed