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Monthly Briefing on the World Economic Situation and Prospects, No. 44

Monthly Briefing on the World Economic Situation and Prospects, No. 44

June 2012 Summary: Growth projections for the global economy revised downward The jobs crisis continues Euro area debt crisis and rising energy prices are key risks Despite some scattered signs of improvement in recent months, the world economic situation and prospects continue to be challenging. After a marked slowdown in the course of 2011, global economic growth will likely remain tepid in 2012, with most regions?expanding at a pace below potential.?The World Economic Situation and Prospects as of mid-2012?projects that world gross product (WGP) will grow by 2.5 per cent in 2012 and 3.1 per cent in 2013, following growth of?2.7 per cent in 2011. This constitutes a slight downward… Monthly Briefing on the World Economic Situation and Prospects, No. 44
The United Nations Development Strategy Beyond 2015

The United Nations Development Strategy Beyond 2015

CDP Policy Note  
In the present Policy Note, the Committee for Development Policy proposes principles and policy alternatives for a post-2015 development agenda, in the light of consideration of lessons learnt from the Millennium Development Goals experience and the key development challenges that have emerged in recent years. It suggests a general contour of a transformative framework with a broader, more nuanced and context-specific development strategies which are required to make the vision expressed in the Millennium Declaration to be fully realized. The Note will contribute to efforts by the international community to find the effective solutions to move the international… The United Nations Development Strategy Beyond 2015
Monthly Briefing on the World Economic Situation and Prospects, No. 43

Monthly Briefing on the World Economic Situation and Prospects, No. 43

May 2012 Summary: Quantitative easing by developed countries imposing a tax on the rest of the world IMF resources boosted by $430 billion Unemployment continues to rise in Europe Central banks of developed countries collected an enormous amount of seigniorage through ?quantitative easing? (QE) in two parts?over the last three years. The first part of seigniorage comes from the increases in the monetary base of these central banks through?appropriating the equivalent amount of sources from those who are holding the money. The seigniorage earned in this part over?the past three years is estimated at about $3 trillion (or 8 per cent of GDP of developed countries). In the three years prior… Monthly Briefing on the World Economic Situation and Prospects, No. 43
2012 Reports to the Economic and Social Council

2012 Reports to the Economic and Social Council

Committee for Development Policy,?Report on the fourteenth session?(12-16 March 2012) (E/2012/33)
عربي, 中文, English,?Français, Русский, Español World Economic and Social Survey 2012: In Search of New Development Finance,?Overview (E/2012/50)
عربي, 中文, English,?Français, Русский, Español World economic situation and prospects as of mid-2012 (E/2012/72)
عربي, 中文, English,?Français, Русский, Español 2012 Reports to the Economic and Social Council
2012 Monitoring Reports

2012 Monitoring Reports

Cabo Verde Equatorial Guinea Maldives Samoa 2012 Monitoring Reports
UN Task Team

UN Task Team

The Millennium Development Goals (MDGs) have served as a shared framework for global action and cooperation on development since 2000. As the world approaches 2015, the overall target date for achieving the MDGs, thinking has begun on how to advance the global development agenda beyond 2015. To support this effort, the UN Secretary-General has taken several initiatives. He has established the UN System Task Team on the Post-2015 UN Development Agenda, launched a High-level Panel of Eminent Persons and appointed his own Special Advisor on Post-2015 Development Planning. These processes are complemented by a set of eleven global thematic consultations and national consultations in over 60… UN Task Team
Monthly Briefing on the World Economic Situation and Prospects, No. 42

Monthly Briefing on the World Economic Situation and Prospects, No. 42

April 2012 Summary: Developed country central banks continue monetary easing China records significant trade deficit in January and February Hungary may become first country to face EU financial sanctions In the United States, the Federal Reserve Bank embarked on a new scheme of quantitative easing (QE) aimed at lengthening the?maturity of its securities holdings. The Fed is planning to purchase $400 billion in Treasury bills with maturities of 6 to 30 years?and to sell an equal amount of short-term holdings by the end of June. In the euro area, as its statutes do not allow the ECB to act?as a lender of last resort for financing of sovereign debts, the ECB has launched two Longer-Term… Monthly Briefing on the World Economic Situation and Prospects, No. 42
2012 CDP report, ECOSOC and GA resolutions

2012 CDP report, ECOSOC and GA resolutions

Report of the Committee for Development Policy (E/2012/33, Supplement No. 13)
عربي, 中文, English, Français, Русский, Español CDP excerpts on the report by theme
Monitoring the development progress of countries that are graduating and have graduated from the list of least developed countries ECOSOC resolution (E/RES/2012/32) on the Report of the Committee for Development Policy
عربي, 中文, English, Français, Русский, Español GA resolution (A/RES/67/136) on the Inclusion of South Sudan in the list of least developed countries
عربي, 中文, English, Français, Русский, Español GA resolution (A/RES/67/221) on the Smooth transition for countries graduating from the list of least… 2012 CDP report, ECOSOC and GA resolutions
Monthly Briefing on the World Economic Situation and Prospects, No. 41

Monthly Briefing on the World Economic Situation and Prospects, No. 41

March 2012 Summary: Rising oil price complicates global recovery Agreement made for second rescue package to Greece Growth slowed in India and Brazil in 2011 During most of February, oil traded above $120 per barrel, reaching levels not seen since May 2011. The increase was triggered in?part by speculation about possible military action against the Iranian nuclear programme and the consequences of a scheduled ban?on oil imports from Iran to be imposed by the European Union. Stalled oil exports from the Syrian Arab Republic and South Sudan?have limited supply by several hundred thousand barrels a day, putting further upward pressure on prices.?Oil prices reached record levels in Europe.… Monthly Briefing on the World Economic Situation and Prospects, No. 41
Strengthening smooth transition from the least developed country category

Strengthening smooth transition from the least developed country category

CDP Background Paper No. 14 By the Secretariat of the Committee for Development Policy This report makes some preliminary suggestions for actions to be taken by the international development community and the graduating countries to strengthen the process of preparing for graduation from the least developed country (LDC) category. The report also offers concrete proposals for addressing in a systematic manner, the current concerns among LDCs about the ad-hoc nature of the extension and phasing out of measures provided by certain development and trading partners. Strengthening smooth transition from the least developed country category