Q. Which one of the following issues the 'Global Economic Prospects' report periodically? (UPSC Prelims 2015)
Answer: The World Bank
Notes: The correct answer is [D] The World Bank.The Global Economic Prospects (GEP) is a flagship report of the World Bank Group, typically issued twice a year (in January and June). It examines global economic developments and prospects, with a special focus on emerging market and developing economies.

• The World Bank (Option D – Correct): The report provides deep-dive analysis on topical policy challenges and serves as a critical resource for policymakers and international organizations to understand the trajectory of the global economy. In addition to the GEP, the World Bank also publishes the World Development Report (WDR) and the Ease of Doing Business report (though the latter was discontinued in 2021).
• Asian Development Bank (Option A – Incorrect): The ADB publishes the Asian Development Outlook (ADO), which focuses specifically on its member countries in the Asia-Pacific region.
• Other Reports (Options B & C – Incorrect): While the EBRD and the US Federal Reserve issue various economic bulletins and transition reports, they do not publish the "Global Economic Prospects."

Key Reports by Other Major Organizations:It is common for UPSC to ask about the publishers of various international reports. Here is a quick reference table:

Report Name	Publishing Organization
World Economic Outlook (WEO)	International Monetary Fund (IMF)
Global Financial Stability Report	International Monetary Fund (IMF)
World Investment Report	UNCTAD
Global Gender Gap Report	World Economic Forum (WEF)
Global Competitiveness Report	World Economic Forum (WEF)