The International Labour Office (ILO) and the Academic Foundation have co-published the book, “Trade and Employment in the Global Crisis”. The study analyzes how cross-border trade has served as a transmission channel, spreading the crisis to developing states. Key topics covered include how changes in trade flows affect the labor market, the role of price [...]
The OECD has just published the Economic Survey of the Netherlands 2010. The report finds that the global crisis has led the country into deep recession, despite a decisive government intervention to support the financial sector and a timely fiscal stimulus. Forecasts show that the recovery is expected to gather pace relatively slowly. The main [...]
The OECD has launched its latest Economic Survey of Korea. The country has rebounded strongly from the global recession thanks to buoyant exports and a prompt and effective policy response. The expansion is projected to continue through 2011, allowing the gradual phasing out of fiscal stimulus which is widely viewed as essential for maintaining low [...]
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has just launched the 2010 Asia and the Pacific Economic and Social Survey, entitled “Sustaining recovery and Dynamism for Inclusive Development”. The study assesses the critical issues, policy changes and risks that the region faces in the months ahead as it leads [...]
The World Bank has just launched its latest “Global Economic Prospects” report. According to the study, the global economic recovery continues to advance, but Europe’s debt crisis has created new hurdles on the road to sustainable medium term growth. Global GDP is projected to expand between 2.9 and 3.3 percent in 2010 and 2011, strengthening [...]
The International Labour Office (ILO) has just published the report “Recovery and Growth with Decent Work”, to be discussed at the ILO’s annual conference.
The study claims that growing instability in financial markets and the sovereign debt crisis in Europe may put global economic and jobs efforts at risk.
Although output has begun to recover, unemployment has [...]
The World Economic Forum has just launched the Report of the Global Redesign Initiative, “Everybody’s Business: Strengthening International Cooperation in a More Interdependent World.” It represents one of the most extensive sets of proposals to strengthen international cooperation and governance ever assembled.
The study contains 58 specific proposals and nine thematic essays by some of the [...]
The United Nations has just launched the “World Economic Situation and Prospects 2010: Update as mid-2010”. According to the report, the world economy continued to improve in the first half of 2010, but at too weak a pace to effectively close the global output gap left by the crisis.
Moreover, important weaknesses in the global economy [...]
The IMF has just published the preliminary findings of its mission to Spain. The statement argues that Spain’s economy needs far-reaching and comprehensive reforms. Listed below is a brief summary of the observations and policy recommendations laid out in the report:
1. The necessary adjustment is underway and output has stabilized.
2. The nascent recovery is both [...]
The IMF has just launched its latest “Regional Economic Outlook: Western Hemisphere Report”. According to the study, growth continues to gather momentum in the region, driven primarily by a strong rebound in private consumption and improved external conditions.
The report, however, highlights market differences in the outlook across countries. Emerging markets are advancing faster than anticipated [...]
