The United States: lowest unemployment in four years, but far from full employment
World Economic Situation and Prospects Weekly Highlight No. 8
WESP Weekly Highlight No. 8
March 2013
Summary:
Sequestration may lead to lower growth in the?United States?
Weaknesses continue in the European Union
China announces a GDP target of 7.5 per cent?while India boosts budget spending
The Congress of the United States failed to agree on how to reduce the?government deficit in the next decade, thereby automatically activating the?Budget Control Act of 2011 on March 1 of this year. The automatic cuts,?referred to as the ?sequester,? include across-the-board automatic spending cuts worth $1.2 trillion, equally distributed between defense and non-defense programmes. Although the Act exempts Social Security, Medicaid?and other entitlement programmes from sequestration, it…
Monthly Briefing on the World Economic Situation and Prospects, No. 52
Iraqi economic growth dependent on oil and and foreign oil majors
World Economic Situation and Prospects Weekly Highlight No. 7
WESP Weekly Highlight No. 7
Sharp depreciation of Japanese yen causes international concerns
World Economic Situation and Prospects Weekly Highlight No. 6
WESP Weekly Highlight No. 6
Challenges for Brazil: rising inflation pressures as GDP growth slows
World Economic Situation and Prospects Weekly Highlight No. 4
WESP Weekly Highlight No. 4
February 2013
Summary:
Policy?initiatives?improve?the?situation?in?global?financial?markets
Japanese?yen?depreciates?significantly?after?new?policy?stances
Further?monetary?easing?in?South?Asia
A number of new policy initiatives adopted by major economies in late?2012 and early 2013 seem to have measurably improved the situation in?global financial markets. However, the uncertainties and downside risks?remain elevated. ??
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Download the World Economic Situation and Prospects Monthly Briefing No. 51
Monthly Briefing on the World Economic Situation and Prospects, No. 51
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