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
Is Latin America and the Caribbean at the turning point of international reserves?
World Economic Situation and Prospects Weekly Highlight No. 40
WESP Weekly Highlight No. 40
The World Economic Situation and Prospects 2013 presents a post-crisis world economy still struggling with continued weakening growth of 2.2 per cent in 2012. It projects disappointing global growth of 2.4 per cent in 2013 and 3.2 per cent in 2014 in the face of major uncertainties and downside risks. A much slower pace of poverty reduction is predicted in many developing countries and narrowing fiscal space for investments in the many critical areas needed for achieving the Millennium Development Goals. The World Economic Situation and Prospects 2013 calls for more forceful and concerted policy action at the global level, identifying fiscal and employment policies, financial market…
World Economic Situation and Prospects 2013
Potential effects of QE tapering on the United Republic of Tanzania
World Economic Situation and Prospects Weekly Highlight No. 39
WESP Weekly Highlight No. 39
December 2013
Summary:
Anaemic economic recovery is accompanied by tame?inflation in developed economies.
?GDP growth is stronger than expected in the United?States.
?Currencies in some emerging economies are under?pressure again.
Along with subdued economic recovery in developed economies?and moderated growth in emerging economies, the average global?consumer price inflation index fell to historical lows in 2013, indicating considerable slack in the global economy and the risk of?deflation in some countries. Global consumer price inflation (excluding food and energy) decelerated from an annual rate of 2.2 per?cent in the six months through March 2013 to a 1.8 per cent in the?six months…
Monthly Briefing on the World Economic Situation and Prospects, No. 61
November 2013
Summary:
Global?manufacturing?production?has improved
Economic?recovery?is?strengthening?in?developed?economies,?although?slowly
Public?fiscal?stimulus?programmes?have?been?a?determinant?factor?in?economic?growth?in?many?developing?countries
Global industrial production accelerated by an annualized rate of 4 per cent?in the third quarter of 2013, in line with an ongoing positive trend in industrial production and trade. This is the fastest pace in about two and a?half years, excluding the exceptional circumstances that followed the flooding?in Thailand and Japan?s nuclear disaster in 2011. Industrial production picked?up in many countries, but the strongest acceleration in…
Monthly Briefing on the World Economic Situation and Prospects, No. 60
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