
This is how important the US is to the global economy
Because of its size and interconnectedness, developments in the US economy are bound to have important effects around the world. The US has the world’s single largest economy, accounting ...
Franziska Ohnsorge is Lead Economist in the World Bank Development Prospects Group. Previously, she worked at the International Monetary Fund and the Office of the Chief Economist of the European Bank for Reconstruction and Development. She is lead author of the World Bank flagship report, Global Economic Prospects. Her research has covered fiscal and financial sector policy, savings and consumption, capital flows, trade and commodity-related issues in emerging market and developing countries. She has co-authored a number of policy-oriented papers and academic papers on these topics. She holds a PhD in Economics from University of Toronto.
Because of its size and interconnectedness, developments in the US economy are bound to have important effects around the world. The US has the world’s single largest economy, accounting ...
Since the global financial crisis, credit to the private nonfinancial sector in emerging markets and developing economies (EMDEs) has surged. Within this overall surge, however, there has...