WESP 2019 warns of rising climate risks to the world economy
Parts of Africa and Latin America still experiencing very weak per capita income growth
East and South Asia remain world?s most dynamic regions, but risks have increased
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Global issues
Global economic growth remains heavily carbon-intensive
The baseline outlook presented in the latest World Economic Situation and Prospects (WESP) 2019 report projects steady economic growth in 2019?2020 at the global level, although risks to that outlook have continued to build. The report also notes that economic activity remains excessively dependent on carbon-intensive fossil fuels. Growth in gross domestic product (GDP)…
World Economic Situation And Prospects: February 2019 Briefing, No. 123
WESP 2019 highlights that economic progress remains highly uneven across the world
Downside risks to the global growth outlook have increased
Waning support for multilateralism may limit the capacity for collaborative policies in the event of a sharp global economic downturn
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WESP 2019: Solid global growth obscures significant development challenges
The steady pace of expansion in the global economy masks an increase in downside risks that could potentially exacerbate development challenges in many parts of the world, cautioned the World Economic Situation and Prospects (WESP) 2019 report, launched today in New York.
The world economy is estimated to have grown by 3.…
World Economic Situation And Prospects: January 2019 Briefing, No. 122