Welcome to the United NationsAfter a year of fragile and uneven recovery, global economic growth started to decelerate on a broad front in mid-2010 and this slower growth is expected to continue into 2011 and 2012. The United Nations baseline forecast for the growth of world gro
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Department of Economic and Social Affairs
Economic Analysis
Global Macroeconomic Prospects
December 2010
Summary:
European sovereign debt crisis is spreading to larger economies?
Increased volatility in equity and foreign exchange markets
Uneven economic recovery during the third quarter
November 2010
Summary:
Surges in private capital flows pose challenges to emerging economies and enhance tensions over currencies
European countries go deeper into fiscal austerity
Industrial production gr
October 2010
Summary:
Trade tensions and risks of competitive devaluations heighten amidst global economic slowdown and increased turmoil in currency markets
Sovereign debt stress returns in some European countries
September 2010
Summary:
Global economic recovery is losing steam?
Flooding inflicts immense damage on Pakistan?s economy?
Wheat prices soar following drought in Russia, but no food shortage expected
August 2010
Summary:
World trade is nearing full recovery thanks to strong developing country growth
Yet, global economic recovery is losing speed as risk for deflation in developed economies has increased
July 2010
Summary:
Global growth may decelerate in the second half of 2010, as the effects of both the upward inventory adjustment and fiscal stimuli fade
G20 leaders agreed to ensure a full return to growth with q
June 2010
Summary:
The world economy is rebounding but the recovery remains uneven, weak and fragile?
At the present speed of the recovery, unemployment rates will take five years to drop to pre-crisis levels