monthly briefing

Global growth may have reached a peak Firms in the United States and Japan are facing capacity constraints Manufacturing activity slows in developed and developing economies

High commodity dependence and structural barriers hindering long-term growth prospects of many developing countries; intensifying trade tensions between the major economies poses a significant risk to the global growth outlook; recent financial market turbulence exposes vulnerabilities in several developing economies

WTO’s Eleventh Ministerial Conference to be held against a backdrop of major challenges to the multilateral trading system Rising financial imbalances prompt policy responses in China and the Republic of Korea Higher oil and metal prices driving South America’s economic recovery

Capital inflows to emerging economies gain momentum Carbon dioxide emissions from international transport set to increase as global trade rebounds and tourism soars Africa’s economic growth is catching up with population growth Latin America and the Caribbean will see a mild recovery after two years of contraction

According to the World Economic Situation and Prospects (WESP) 2017, the world economy remains trapped in a prolonged period of slow growth Weak investment is a major cause of the slowdown in global growth East Asia and South Asia remain the world’s most dynamic regions

Commodity price rout dampens regional growth prospects China emphasized the need to improve productivity through policies on the supply side of the economy Bank of Japan adopts a negative interest rate

Limited global financial market reaction to Fed's interest rate move IMF includes Chinese renminbi in the SDR basket Monetary tightening in Western Asia and Latin America in response to Fed's first rate hike in seven years

According to chapter one of the World Economic Situation and Prospects 2016, only a modest improvement in the world economy is projected for the next two years Recessions in the Russian Federation and Ukraine may have reached a turning point Unemployment on the rise in a number of South American economies

ƒ The United States of America avoids a fiscal stand-off ƒ Emerging economies brace for net capital outflows for the first time in many years ƒ Third quarter growth in China beats expectations Global issues Oil prices expected to remain low in the medi ...