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CO2 emissions expected to reach an historical high in 2018 The low cost of coal relative to alternative energy sources is slowing progress towards energy transition in many regions Phasing out coal use requires a reliable and stable alternative energy supply, plus support to the economic and employment transition in regions dependent on coal production English: PDF (198 kb) Global issues The global energy mix and its role in CO2 emissions mitigation After three years of remaining flat, global energy-related carbon dioxide (CO2) emissions increased by 1.5 per cent in 2017 and are estimated to have risen further in 2018. This puts even greater policy importance on the 24th Conference of… World Economic Situation And Prospects: December 2018 Briefing, No. 121
Global growth may have reached a peak Firms in the United States and Japan are facing capacity constraints Manufacturing activity slows in developed and developing economies English: PDF (198 kb) Global issues Leading indicators suggest global growth may have peaked In 2016, the growth rate of world gross product dropped to its lowest level since the global financial crisis, with 49 countries registering a decline in the level of per capita income. Subsequently, the world economy experienced a broad-based upturn and global growth reached 3.1 per cent in 2017?the fastest pace since 2011. The improvement was largely driven by accelerating growth in developed economies, a steady performance… World Economic Situation And Prospects: November 2018 Briefing, No. 120
Santiago, 5-7 September Global Economic Outlook, September Report on the Project LINK Meeting
Russian Federation commits to halving poverty by 2024 China turns to pro-growth measures to mitigate the impact of the trade disputes Fiscal pressures creating significant policy challenges in Latin America English: PDF (176 kb) Global issues Institutional change and the dynamics of inequality in Eastern Europe and the Commonwealth of Independent States Reducing inequality and accelerating growth of median incomes remain crucial challenges in the majority of countries across the world in order to achieve the Sustainable Development Goals (SDGs). While a number of developing countries, predominantly commodity-exporters, made modest progress towards reducing inequality during the commodity… World Economic Situation And Prospects: October 2018 Briefing, No. 119
High commodity dependence and structural barriers hindering long-term growth prospects of many developing countries Intensifying trade tensions between the major economies poses a significant risk to the global
growth outlook Recent financial market turbulence exposes vulnerabilities in several developing economies English: PDF (176 kb) Global issues Why do many developing countries continue to fall behind? Over the past two years, the world economy has experienced a broad-based upturn. According to the United Nation?s World Economic Situation and Prospects as of mid-2018, global growth reached 3.1 per cent in 2017?the fastest pace since 2011. Despite growing international trade… World Economic Situation And Prospects: September 2018 Briefing, No. 118
Improved economic performance in the global economy increasingly overshadowed by heightened risks and humanitarian concerns Armed conflicts a major impediment to progress on sustainable development Need for a redoubling of policy efforts to support conflict prevention and resolution English: PDF (292 kb) Global issues Armed conflicts remain a serious impediment to economic growth and development Since mid-2016, the world economy has seen a strong and broad-based recovery. Global growth reached 3.1 per cent in 2017, the fastest pace in seven years. In almost two thirds of countries worldwide growth strengthened compared to 2016. In its baseline scenario, the World Economic Situation and… World Economic Situation And Prospects: August 2018 Briefing, No. 117
Rising levels of public debt fueling fiscal sustainability concerns in many developing countries Several countries highly vulnerable to a sharp increase in government interest burden in the event of a financial shock High debt service obligations limit the availability of resources to pursue development objectives English: PDF (168 kb) Global issues Rising fiscal vulnerabilities posing risk to development prospects in many developing countries Growing headwinds in the global economy have triggered renewed turbulence in international financial markets over the past few months. Amid intensifying trade tensions between the major economies, investor sentiments have also been affected by… World Economic Situation And Prospects: July 2018 Briefing, No. 116
Global growth expected to reach 3.2 per cent in 2018 and 2019 Key downside risks to the global economy include rising trade tensions, elevated debt and uncertainty over monetary policy adjustments in the developed countries Recent strengthening of economic growth carries environmental costs English: PDF (175 kb) Global issues Global economic prospects continue to strengthen, but risks have increased Short-term prospects for the world economy have generally improved over the last six months. According to the World Economic Situation and Prospects as of mid-2018 report, global economic growth is expected to reach 3.2 per cent in both 2018 and 2019, marking an upward revision of 0.2 and 0.1… World Economic Situation And Prospects: June 2018 Briefing, No. 115
Rising trade tensions pose a risk to the global trade outlook Africa marks an historic step towards the creation of a regional trade bloc English: PDF (172 kb), EPUB (339 kb) Global issues Escalation of trade policy disputes poses risk to recovery in global trade World trade growth accelerated over the course of 2017, and has remained firm in the first months of 2018. According to the World Trade Organization (WTO), the volume of merchandise trade expanded by 4.7 per cent in 2017, following growth of just 1.8 per cent in 2016. This acceleration was largely driven by cyclical improvements, including a notable increase in investment growth in developed economies. Investment is the most… World Economic Situation And Prospects: May 2018 Briefing, No. 114
Short-term prospects for the world economy continue to strengthen, but more efforts are needed to ensure the gains are widely shared Weak productivity growth and a lack of secure employment are constraining progress in many countries in Africa, Latin America and Western Asia Rising inequality in many countries pose a risk to medium-term growth prospects English: PDF (214 kb) Global issues Stronger global economic growth, but risks are building Over the last several months, short-term prospects for the world economy have continued to strengthen. This stems from a further uptick in the growth outlook for developed economies in 2018, on the strength of accelerating wage growth, broadly… World Economic Situation And Prospects: April 2018 Briefing, No. 113