Economic sentiment in the Euro Area: subdued growth and divergence among countries continues
World Economic Situation and Prospects Weekly Highlight No. 44
Millennium Development Goals Scenarios to 2015 and Beyond: An Integrated Micro-Macro Modelling Approach
In February 2014, experts of the Philippine Institute for Development Studies (PIDS), with technical support from UN-DESA, released a discussion paper titled "Millennium Development Goals Scenarios To 2015 And Beyond: An Integrated Micro-Macro Modelling Approach".
It shows that the costs of reducing poverty rates in half by 2015, an MDG goal, are prohibitive, and that reaching the goal by 2025 will require significant investment in poverty reduction for another 10 years. Financing this investment requires careful consideration by authorities to avoid excessive growth of foreign debt.
The…
Millennium Development Goals Scenarios to 2015 and Beyond
February 2014
Summary:
Emerging economies face renewed financial turbulence?
U.S. economy registered robust GDP growth in the?fourth quarter of 2013
?Last quarter of 2013 revealed a heterogeneous?economic performance in developing world
In January 2014, the currencies of several developing economies?depreciated sharply vis-?-vis the U.S. dollar once again, repeating?the episode of the summer of 2013 when the United States Federal?Reserve (Fed) announced its intention to begin tapering the purchase of long-term assets in the near future. This new episode may?indicate a revaluation of financial positions in emerging economies,?triggering further capital outflows and requiring painful…
Monthly Briefing on the World Economic Situation and Prospects, No. 63
Achieving sustainable development: the energy investment challenge
by Eduardo Zepeda and Diana Alarcon
Download the UN/DESA Policy Brief No. 43
UN/DESA Policy Brief, No. 43
January 2014
Summary:
World economy is expected to improve in 2014
Unemployment rates remain a major challenge
Downside risks to the baseline scenario persist
Global economic growth is projected to increase over the next two?years, building on the recent improvement in developed and major?emerging economies. The global economy is expected to grow at a?pace of 3.0 per cent in 2014 and 3.3 per cent in 2015, compared?with an estimated growth of 2.1 per cent for 2013.
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A challenging global employment situation persists. In addition to?high unemployment levels, the depth and length of labour market?imbalances is leading to long-term and structural unemployment,?becoming more than a mere…
Monthly Briefing on the World Economic Situation and Prospects, No. 62
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