April 2010
Summary:
Net export growth and government spending are driving the recovery in the major economies,?while China?s economy is acting as the engine of the global upturn in 2010
Most of the unconventional monetary stimulus measures undertaken in 2009 are being phased?out in line with improved conditions in credit markets
Donors pledged $9.9 billion at the UN international aid conference on Haiti to support?post-disaster reconstruction?
Net export growth, along with government spending?have led the economic recovery in developed countries?since the second half of 2009, according to the most recent economic indicators. The United States, the EU and?Japan all reported positive net…
Monthly Briefing on the World Economic Situation and Prospects, No. 18
March 2010
Summary:
The strength of the global recovery, witnessed in the second half of 2009, has been moderating and the recovery has become more uneven
Global financial markets experienced a notable turbulence in the first two months of 2010, in part as a result of increasing sovereign debt risks in Europe and elsewhere
Inflation, which edged up in developed countries in late 2009, is down again facilitating continuation of low interest-rate policies
The world economy continues its recovery from the recession, but recent indicators signal the pace of output recovery is slowing and?becoming more uneven across countries.?The economic situation in the euro area has stopped improving, in…
Monthly Briefing on the World Economic Situation and Prospects, No. 17
January/February 2010
Summary:
The global economy started 2010 on a positive note, with continuing recovery in?industrial production and international trade, led by Asian developing countries; however, economic policymakers may face even tougher challenges in 2010?
The significant increase in government indebtedness in Greece and other EU?countries may threaten global financial stability
Rain shortfalls in large parts of Africa will form a major threat to food security during?2010
The devastating earthquake in Haiti presents serious economic challenges, including?those of a long-term nature; addressing them will require a sustained international?effort and debt forgiveness
The world…
Monthly Briefing on the World Economic Situation and Prospects, No. 16
The World Economic Situation and Prospects 2010 cautions that although the world economy is on the mend, the recovery is uneven and conditions for sustained growth remain fragile. The risk of a double-dip recession remains.
The report also highlights a number of risks and uncertainties to the outlook, including a premature exit from the stimulus measures and a hard landing of the dollar due to the renewed widening of the global imbalances. In terms of policy measures, the report recommends continued fiscal stimulus measures in the short run, a continued focus on the rebalancing of economic growth in a number of respects, better policy coordination, strengthened global governance and more…
World Economic Situation and Prospects 2010
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