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
Global Economic Monitoring Branch (GEMB)

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
The World Economy Forecasting Model (WEFM)
WEFM is used for globally consistent short-term projections at country level. The Global Policy Model

May 2010
Summary:
Economic recovery continues albeit unevenly. While growth is rapid in many emerging economies, it remains fragile in most advanced economies
Euro zone countries and the IMF agreed on a three-year

April 2010
Summary:
Net export growth and government spending are driving the recovery in the major economies,?while China?s economy is acting as the engine of the global upturn in 2010
Most of the unconventional m

March 2010
Summary:
The strength of the global recovery, witnessed in the second half of 2009, has been moderating and the recovery has become more uneven
Global financial markets experienced a notable turbulence i