Challenges for Brazil: rising inflation pressures as GDP growth slows
World Economic Situation and Prospects Weekly Highlight No. 4
WESP Weekly Highlight No. 4
February 2013
Summary:
Policy?initiatives?improve?the?situation?in?global?financial?markets
Japanese?yen?depreciates?significantly?after?new?policy?stances
Further?monetary?easing?in?South?Asia
A number of new policy initiatives adopted by major economies in late?2012 and early 2013 seem to have measurably improved the situation in?global financial markets. However, the uncertainties and downside risks?remain elevated. ??
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Download the World Economic Situation and Prospects Monthly Briefing No. 51
Monthly Briefing on the World Economic Situation and Prospects, No. 51
January 2013
Summary:
World economic prospects for 2013 only slightly improving
Uncertainties and risks looming
More proactive and concerted policy actions needed
Five years after the eruption of the global financial crisis, the world?economy is still struggling to recover. According to the United Nations?World Economic Situation and Prospects 2013, growth of world?gross product is forecast to reach 2.4 per cent in 2013 in the baseline?estimates, only a slight improvement from the estimated growth of?2.2 per cent for 2012. Weaknesses in the major developed economies are at the root of the continued global economic?woes. Most of them have been dragged into a downward spiral?by the…
Monthly Briefing on the World Economic Situation and Prospects, No. 50
November/December 2012
Summary:
Effects of quantitative easing on emerging markets weakening
Fiscal cliff looming for the United States
Economic situation in Japan deteriorates further?
Signs of a mild strengthening of economic activity in China
The initial rounds of quantitative easing (QE) by developed country central banks in 2008 and 2009 are estimated to have had mixed effects on emerging market economies (EMEs). Brazil, among others, faced sudden and strong inflows of hot money causing currency appreciation. The real appreciated by more than 35 per cent over that period, perhaps exacerbating the general slowdown in?exports during that time. Asian EMEs showed more limited…
Monthly Briefing on the World Economic Situation and Prospects, No. 49
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