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World gross product projected to expand by just 2.4 per cent in 2016 Forthcoming referendum on EU membership has increased financial market volatility in the United Kingdom Ongoing fiscal adjustment in Africa, the CIS, Latin America and Western Asia continues to constrain prospects Global issues Global growth outlook remains bleak; little prospect for turnaround in 2016 Growth in the world economy continues to be lacklustre, as highlighted in the World Economic Situation and Prospects Update as of mid-2016(figure 1). In the report, world gross product is projected to expand by just 2.4 per cent in 2016, the same rate as in 2015, marking a downward revision of 0.5 percentage points to… World Economic Situation And Prospects: June 2016 Briefing, No. 91
Statement by Prof Sakiko Fukuda-Parr at Coordination and Management Meeting of the 2016 session of the ECOSOC, 1 June 2016 Statement by Prof Sakiko Fukuda-Parr
Professor Sakiko Fukuda-Parr, Vice-Chair of the Committee for Development Policy (CDP), introduced the Committee's Report on it's 18th Session to the ECOSOC Coordination and Management Meeting (CMM) held on 1 June 2016. The CDP?s deliberations on LDC-related issues, including expanding productive capacity in least developed countries (LDCs), monitoring the development progress of graduating and graduated countries, and the development of a toolkit to assist graduating countries in transition to leave the LDC category were presented to Council members. The Committee?s considerations and recommendations on the issue of total official support for sustainable development (TOSSD) in context of… Presentation of the 2016 CDP Report to ECOSOC
On 27 May 2016 the UN Committee for Development Policy (CDP) Secretariat and the Fondation pour les ?tudes et Recherches sur le D?veloppement International (Ferdi) will organize a side event on least developed country (LDC) support measures during the Midterm Review Conference for the Istanbul Programme of Action for LDCs in Antalya, Turkey. The focus of this event is to improve affected countries' understanding for a smooth transition from the LDC category. Demand for information and support for a smooth transition from the LDC category remains high, as LDCs continue to face difficulties in fully understanding the benefits from LDC-specific support they receive and what implication a… Improving knowledge, implementation and effectiveness for smooth transition from the LDC category
Weak global growth continues to linger, posing a challenge to the implementation of the 2030 Agenda for Sustainable Development. World gross product is projected to expand by just 2.4 per cent in 2016, the same weak rate as in 2015. This reflects significant downward revisions of growth for many countries in Africa, the Commonwealth of Independent States (CIS), and Latin America and the Caribbean from the forecasts in December 2015. Persistent weakness in aggregate demand in developed economies remains a drag on global growth, while low commodity prices, mounting fiscal and current-account imbalances and policy tightening have further dampened the growth prospects of many commodity-… World Economic Situation and Prospects as of mid-2016
Equatorial Guinea Samoa Vanuatu 2016 Monitoring Reports
Argentina re-enters international capital markets after 15 years Deflationary trends remain a concern in euro area and Japan GDP growth in China in line with government target, but United States and Republic of Korea fall short of expectations Global issues Argentina?s debt agreement underscores need for a multilateral approach to sovereign debt restructuring Fifteen years after defaulting on its debt, Argentina returned to international capital markets in mid-April, issuing $16.5 billion in sovereign bonds. The sale, which included 3-year, 5-year, 10-year and 30-year bonds, was four times oversubscribed; however, Argentina had to settle for hefty coupon rates from 6.25 to 7.62 per cent… World Economic Situation And Prospects: May 2016 Briefing, No. 90
Report of the Committee for Development Policy (E/2016/33, Supplement No. 13)
عربي, 中文, English, Français, Русский, Español CDP excerpts on the report by theme
Total official support for sustainable development
Expanding productive capacity for achieving the sustainable development goals
Monitoring the development progress of countries that are graduating and have graduated from the list of least developed countries ECOSOC resolution (E/RES/2016/21) on the Report of the Committee for Development Policy
عربي, 中文, English, Français, Русский, Español ECOSOC resolution (E/RES/2016/15) on the Report of the Programme of Action for the Least Developed Countries for the Decade… 2016 CDP report, ECOSOC and GA resolutions
Committee for Development Policy,?Report on the eighteenth session?(14-18 March 2016) (E/2016/33)
عربي, 中文, English,?Français, Русский, Español World Economic and Social Survey 2016:?Climate change resilience ? an opportunity for reducing inequalities,?Overview (E/2016/50)
عربي, 中文, English,?Français, Русский, Español World economic situation and prospects as of mid-2016 (E/2016/63)
عربي, 中文, English,?Français, Русский, Español 2016 Reports to the Economic and Social Council
CDP Background Paper No. 30 By Namsuk Kim and Roland Mollerus Institutional constraints prevent the Least Developed Countries from fully utilizing the trade-related International Support Measures provided by development partners. A cost-benefit analysis has been developed as a methodology to identify institutional constraints and prioritize support measures comparing benefits with costs, based on survey data. Applied in Uganda, it identified critical institutional constraints: limited knowledge on how to access most of the assistance; inadequate institutional arrangements; ineffective communications regarding the use of support measures. International support measures related to sanitary… Cost-benefit analysis for identifying institutional capacity building priorities in LDCs: an application to Uganda