Monthly Briefing on the World Economic Situation and Prospects

Many developed and developing economies take an easier monetary policy stance VAT increase in the Russian Federation temporarily adds to inflation Argentina imposes price controls to curb inflation

Addressing youth employment remains a policy challenge, especially in Africa In North America, central banks pause interest rate rises despite tight labour markets Shortage of young workers prompts Japan to relax immigration policies

Growing demand for leveraged loans may pose a new global financial risk; surge in African sovereign external bond issuance raises concern; China?s recent policy easing may further increase the domestic debt level

WESP 2019 warns of rising climate risks to the world economy Parts of Africa and Latin America still experiencing very weak per capita income growth East and South Asia remain world?s most dynamic regions, but risks h

The Handbook on the Least Developed Country Category is prepared by the Committee for Development Policy (CDP) to provide comprehensive information on the least developed country (LDC) category. This third edition of the Handbook builds

CO2 emissions expected to reach an historical high in 2018 The low cost of coal relative to alternative energy sources is slowing progress towards energy transition in many regions Phasing out coal use requires a reliable and stable alternative energy supply, plus support to the economic and employment transition in regions dependent on coal production

Global growth may have reached a peak Firms in the United States and Japan are facing capacity constraints Manufacturing activity slows in developed and developing economies

Russian Federation commits to halving poverty by 2024 China turns to pro-growth measures to mitigate the impact of the trade disputes Fiscal pressures creating significant policy challenges in Latin America

High commodity dependence and structural barriers hindering long-term growth prospects of many developing countries; intensifying trade tensions between the major economies poses a significant risk to the global growth outlook; recent financial market turbulence exposes vulnerabilities in several developing economies