April 2011
Summary:
In addition to the massive human toll and environmental damage resulting from Japan?s triple?disaster (earthquake, tsunami and nuclear catastrophe), ensuing ripple effects are being felt on?global
Macroeconomic Analysis
March 2011
Summary:
International oil prices increased further amidst continued unrest in the Middle East
Food prices reached new record highs, pushing up inflation worldwide
As this went to press, a
February 2011
Summary:
International food prices increased to record levels, contributing to both political unrest and greater uncertainty about the global recovery; other commodity prices also increased strongly in January
January 2011
Summary:
A further slowdown in global economic growth is expected
Developing economies continue to lead the recovery
There are major downside risks for a gloomier outlook, including too early
After 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
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
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