The UN Development Programme (UNDP) has prepared the report, “Beyond the Midpoint: Achieving the Millennium Development Goals,” to review the extent of progress made towards the MDGs as well as assess what it will take to accelerate progress towards the goals around the World. Thirty country-level assessments and extensive consultations with stakeholders were undertaken to [...]
The OECD has just published the 2010 edition of the Economic Survey of China. By all accounts, the Chinese economy appears to be weathering the global crisis well. The country is now leading the world economy out of recession and could well overtake the United States to become the world’s leading producer of manufactured goods [...]
The International Monetary Fund has launched its latest Regional Economic Outlook, entitled “Crisis Averted, Western Hemisphere Report”. The study explores the consequences and policy implications of the recent global crisis and recession for the Latin America & Caribbean (LAC region). Although the impact of the crisis was substantial, the worst is over for most countries. [...]
The OECD has just published its 2009 edition of the Economic Survey of Japan. In the context of the global economic crisis, the Japanese economy has fallen into its deepest recession of the post-war era. Output is projected to contract by 6 percent in 2009, reflecting a plunge in exports and tighter financial conditions. The [...]
The IMF has just released its semiannual Global Financial Stability Report. Although the global financial system is showing signs of recovery, the report cautions that the road to financial rehabilitation is unlikely to be straight and that there will be significant policy issues ahead. It highlights the need to further repair bank balance sheets so [...]
The IMF has released a study, as part of its World Economic Outlook (WEO). The report finds that banking crises typically have a long-lasting impact on the level of output, although growth eventually recovers. Lower employment, investment, and productivity all contribute to sustained output losses. The findings suggest that the forceful macroeconomic policy response so [...]
UNCTAD has just released its Trade and Development Report 2009, subtitled “Responding to the Global Crisis and Climate Change Mitigation and Development”. The study presents an innovative approach to the reform of international monetary and financial systems, emphasizing stability of real exchange rates. Short-term policy responses taken to tackle the immediate effects of the crisis are [...]
The UN Department of Economic and Social Affairs (UNDESA) has just published “The World Economic and Social Survey 2009: Promoting Development, Saving the Planet.” The report calls for integrated policy responses to development and climate challenges. As a big investment is needed to reduce greenhouse emissions and to help communities to cope with climate change, [...]
The Department of Economic and Social Affairs, the United Nations Conference on Trade and Development and the five United Nations regional commissions have just published an advance release of the Global Outlook 2009 report. It provides an overview of recent global economic performance and short-term prospects for the world economy and of some key global [...]
