Monthly Briefing on the World Economic Situation and Prospects

Global trade flows drops in value terms amid persistently weak commodity prices and stronger US dollar Budget cuts and increasing fiscal strains in many commodity-exporting developing countries

14 September 2015 Summary Volatility soars in global financial markets Concerns over China's economy are mounting Stronger-than-expected GDP growth in the U.S., while economic growth slo

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??Central banks in developed and emerging economies ease monetary policy Agreement reached to extend Greece's bailout programme through June Inflation pressures increasing in CIS economies, while easing in many other emerging economies

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Moderate global economic expansion in 2014, as post-crisis adjustments continued In 2015, developed economies to be led by a stronger U.S. economy, while downside risks remain significant in Japan and the euro area Developing economies to be led by East Asia, while several large emerging economies face internal and external challenges

Download the World Economic Situation and Prospects Monthly Briefing No. 73 December 2014 Summary ?? Further appreciation of the U.S. dollar Japan registers technical recession during the third quarter Lower

Sharp decline of oil prices and renewed volatility in financial markets Low inflation in Europe remains a concern Diverging monetary policies in developed economies