Franziska Ohnsorge is Lead Economist in the World Bank's Development Economics (DEC) Vice Presidency. 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 Ph.D. in Economics from University of Toronto.
Painful spillovers from slowing BRICS growth
08 Jun 2016
A synchronous growth slowdown has hit emerging markets, especially the BRICS, since 2010, with the potential for significant adverse spillovers to the rest of the world. This column estimates that a 1 percentage point decline in BRICS growth could reduce global growth by 0.4 percentage points, and growth in other emerging markets by 0.8 percentage points, over the following two years.
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