March 2014
Summary:
World economy is struggling to gain momentum
?Emerging economies face policy dilemma in trying to?stabilize currencies
G20 meeting makes call for new measures to lift growth and create jobs
The global economy seems to have hit a speed bump in recent?months amid colder than expected weather in the United States of?America, a softening manufacturing sector in China and financial?turbulence in many emerging economies. High-frequency data on?industrial activity and trade suggest that the recovery of the world?economy is struggling to gain momentum. According to data from?the CPB Netherlands Bureau for Economic Policy Analysis, global?trade activity lost strength towards…
Monthly Briefing on the World Economic Situation and Prospects, No. 64
Economic sentiment in the Euro Area: subdued growth and divergence among countries continues
World Economic Situation and Prospects Weekly Highlight No. 44
Millennium Development Goals Scenarios to 2015 and Beyond: An Integrated Micro-Macro Modelling Approach
In February 2014, experts of the Philippine Institute for Development Studies (PIDS), with technical support from UN-DESA, released a discussion paper titled "Millennium Development Goals Scenarios To 2015 And Beyond: An Integrated Micro-Macro Modelling Approach".
It shows that the costs of reducing poverty rates in half by 2015, an MDG goal, are prohibitive, and that reaching the goal by 2025 will require significant investment in poverty reduction for another 10 years. Financing this investment requires careful consideration by authorities to avoid excessive growth of foreign debt.
The…
Millennium Development Goals Scenarios to 2015 and Beyond
February 2014
Summary:
Emerging economies face renewed financial turbulence?
U.S. economy registered robust GDP growth in the?fourth quarter of 2013
?Last quarter of 2013 revealed a heterogeneous?economic performance in developing world
In January 2014, the currencies of several developing economies?depreciated sharply vis-?-vis the U.S. dollar once again, repeating?the episode of the summer of 2013 when the United States Federal?Reserve (Fed) announced its intention to begin tapering the purchase of long-term assets in the near future. This new episode may?indicate a revaluation of financial positions in emerging economies,?triggering further capital outflows and requiring painful…
Monthly Briefing on the World Economic Situation and Prospects, No. 63
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