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The World Bank's Development Prospects Group

The Development Prospects Group provides information and analysis on global trends in the world economy, especially on trade, financial flows, commodity prices, remittances flows, and the impact of these trends on developing countries. The Group's global projections underpin country and regional projection exercises and are central to the Bank's short-term monitoring activities.

Global Macroeconomics

The team combines expertise in regional issues, market trends (world trade, financial conditions and others) and forecasting methods to construct a consistent view for global economic prospects and the implications for macroeconomic trends in developing countries. The team is responsible for issuing the Bank's outlook on the global economy through Global Economic Prospects as well as timely short-term monitoring of developments in the world environment.

The team monitors major commodity markets important to developing countries and provides forecasts and analysis of short-term price movements, including the Commodity price data (Pink Sheet), which provides monthly prices on 71 primary commodities and 16 price indices.

Migration and Remittances

The World Bank has significantly deepened its work in migration and remittances to support its operational work and undertake new analytical work on emerging topics. The latest migration and remittance data is available through the Migration and Remittance Factbook 2011. This work is undertaken by a team that combined migration expertise from the Development Economics Vice-Presidency (DEC) and the Poverty Reduction and Economic Management (PREM) Network. Led by DECPG, the team leads the World Bank's contribution to the global policy agenda on migration and development and participation in global initiatives such as the Global Forum on Migration and Development, Global Migration Group, the G8 and the G20.

Emerging Global Trends

The Emerging Trends team monitors and analyzes international financial and economic trends on the medium- to long-term horizon and their impact on growth and poverty reduction in developing countries. A new publication Global Development Horizons will address the trend toward multi-polarity in the global economy and its associated structural changes in growth dynamics, corporate investment, and international monetary and trade arrangements. This new report series will replace the former flagship report Global Development Finance. 

Global Monitoring Report (Millennium Development Goals)

The Global Monitoring Report is a joint World Bank and International Monetary Fund effort to monitor progress toward achieving the Millennium Development Goals (MDGs) by 2015. The team leads the analysis on MDGs in the report which includes priorities for policy responses by both developing countries and the international community.

Economic Modeling

The team has developed a broad set of tools for forecasting and policy analysis in the areas of macroeconomics, trade, finance, income distribution, and country strategies. These include the development of a new model (MAMS - Maquette for MDG Simulations) to help monitor the progress toward reaching the Millennium Development Goals, international remittances and migration. These methodologies let policymakers analyze policy scenarios and can explain not only what happened as a result of a given policy, program or project intervention, but what would have happened in its absence. An online platform, iSimulate, supports the World Bank's open data and open knowledge drive and lets users perform collaborative economic simulations across the web.

Global Macroeconomics

For questions about the global macroeconomics and outlook, please contact globaltrends@worldbank.org.

For questions about the Global Economic Monitoring website, please conact GEM@worldbank.org.

For questions or comments on commodity markets, or to receive email alerts for the Commodity Markets Review, please contact GCM@worldbank.org.

Migration and Remittances

For questions about the Migration and Remittances issues, please contact Dilip Ratha (dratha@worldbank.org) or Sonia Plaza (splaza@worldbank.org).

Emerging Global Trends

For questions about the Global Development Horizons report, please contact Mansoor Dailami (mdailami@worldbank.org).

Global Monitoring Report

For questions about the Global Monitoring Report and other MDG-related issues, please contact Jos Verbeek (jverbeek@worldbank.org).

Economic Modeling

For questions about the Maquette for MDG Simulations (MAMS) model, please contact Hans Lofgren (hlofgren@worldbank.org).

For questions about the Global Income Distribution Dynamic (GIDD) model, please contact Israel Osorio-Rodarte (iosoriorodarte@worldbank.org).

For questions about the Global Linkage model, please contact Delfin Go (dgo@worldbank.org).

For questions about the ENVISAGE model, please contact Delfin Go (dgo@worldbank.org).

For questions about the iSimulate tool, please contact David Horowitz (dhorowitz@worldbank.org).

Director, Development Prospects Group

Hans Timmer 

Global Macroeconomics

Migration and Remittances

Emerging Global Trends

Global Monitoring Report/MDGs

Economic Modeling




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