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Monthly Briefing on the World Economic Situation and Prospects, No. 40

Monthly Briefing on the World Economic Situation and Prospects, No. 40

February 2012
Summary: ECB supporting private banks amidst fears of a credit crunch
EU leaders agree on a new fiscal compact enhancing fiscal discipline
Foreign reserves in Egypt hit dangerous low
Monthly Briefing on the World Economic Situation and Prospects, No. 40
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Conflict and the identification of the Least Developed Countries: theoretical and statistical considerations, by Ana Luiza Cortez and Namsuk Kim (CDP Background Paper No. 13)

This paper reviews conflict as one of potential factors that could be incorporated in the identification of least developed countries (LDCs). It is not clear whether conflict can be considered as a structurally predetermined handicap as those identified in LDC criteria. More importantly, even if countries may be caught in a conflict trap, adding conflict indicators to the LDC criteria does not provide additional insights to enhance our understanding of the category. And adding conflict indicators is unlikely to introduce changes in country classification. Many of the factors associated with conflict are already incorporated in the indicators used to identify LDCs, and, therefore, the…
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Monthly Briefing on the World Economic Situation and Prospects, No. 39

Monthly Briefing on the World Economic Situation and Prospects, No. 39

January 2012
Summary: Faltering global economic growth in 2011
High unemployment is the Achilles Heel of the recovery
Renewed volatility and heightened risk in financial markets in 2011 The
Monthly Briefing on the World Economic Situation and Prospects, No. 39
UN/DESA Policy Brief, No. 36

UN/DESA Policy Brief, No. 36

Can a protracted slowdown?be avoided?
by Oliver Paddison and Rob Vos
UN/DESA Policy Brief, No. 36
World Economic Situation and Prospects 2012

World Economic Situation and Prospects 2012

The World Economic Situation and Prospects 2012 cautions that the world economy is on the brink of another major downturn. Global economic growth started to decelerate on a broad front in mid-2011 and is estimated to have averaged 2.8 per ce
World Economic Situation and Prospects 2012