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Department of Economic and Social Affairs
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December 2014 Summary ?? Further appreciation of the U.S. dollar
Japan registers technical recession during the third quarter
Lower
Low inflation in Europe remains a concern
Diverging monetary policies in developed economies
Western European economy continues to struggle
Ebola takes severe tolls in West Africa
U.S. labour market situation presents challenge to setting monetary policy
Brazil falls into recession, while India expands faster than expected
Summary: Global equity markets face potential policy shocks
?BRICS announce the creation of the?New Development Bank
?Argentina defaults on its sovereign debt Extr
Summary: World trade continues sluggish recovery
?Oil prices soar amid political instability in Iraq
Disappointing first quarter for developed economies Despite expectations
Summary: World economic growth is expected to accelerate?in 2014-2015
North American and European economies will experience a similar growth trajectory
?Developing economies face stronger c
Summary: Financing conditions improve in euro area peripheral?countries and in emerging economies
?U.S. economy bounces back after a difficult first?quarter
?China?s first-quarter GDP
Summary: Global employment remains a challenge
?United States Federal Reserve faces challenges in?adjusting its monetary policy
Financial markets in emerging economies stabilized
Summary: World economy is struggling to gain momentum
?Emerging economies face policy dilemma in trying to?stabilize currencies
G20 meeting makes call for new measures to lift growth and c