Welcome to the United Nations
August 2013
Summary:
- Emerging economies enact?policy measures to forestall?slowing growth
- US GDP statistics revised
- Drought conditions affect?Southern Africa
A number of indicators point to slowing growth in emerging economies, partly due to?protracted weak external demand from developed countries, but also due to domestic?factors. Differing in their policy space, as well as policy intention, a number of major
emerging economies have taken steps to deal with the slowdown. While the efforts are?not nearly as extensive as those undertaken during the eruption of the financial crisis,?they still demonstrate the necessity of supporting growth. These measures have also come
into effect at the same time that many emerging markets have had to deal with significant?capital outflows and currency depreciation.
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Download the World Economic Situation and Prospects Monthly Briefing No. 57