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WESP Weekly Highlights

Behind East Asia’s narrowing external surplus

After increasing steadily in the period prior to the global financial crisis, East Asia’s external surpluses have declined notably over the past few years.The rapidly falling surplus in China accounts for much of this trend, but several other East Asian economies have also seen a significant decline since 2009. This can be attributed to a combination of cyclical and structural factors.

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Development Policy Seminar on June 19

Dr. Eduardo Zepeda Miramontes, Intra-regional Policy Coordinator in DPAD/DESA, will present his study on "Development Policy in India: Evaluating the National Rural Employment Guarantee Scheme" on Wednesday, June 19th at 3 pm in S-1518. This presentation is part of the Development Policy Seminar series sponsored by the Development Strategy and Policy Analysis Unit of DPAD.

Monthly Briefing #55

Financial markets upbeat; real economies sluggish

Highlights of the Monthly Briefing on the World Economic Situation and Prospects (WESP), No. 55. This special issue covers the highlights of the World Economic Situation and Prospects 2013: Update as of Mid-2013, launched on May 23, 2013

  • Subdued global growth in 2013 and moderate pick-up expected for 2014
  • Unemployment remains a key policy challenge
  • Short-term risks have diminished but not disappeared; new medium-term risks emerge
World economic situation and prospects mid-2013

World economic situation and prospects mid-2013

The World economic situation and prospects as of mid-2013 was launched today by ASG for Economic Development Shamshad Akhtar, DPAD Acting Director Pingfan Hong and Economic Affairs Officer Ingo Pitterle. According to the report, global growth will remain subdued in 2013 despite improved financial conditions and reduced short-term risks.

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A renewed global partnership for development

DPAD conducts training workshop in Honduras

On 7-10 May 2013 in Tegucigalpa, DPAD, in collaboration with UNDP-Honduras provided practical training for government experts in the use of modeling tools needed for development policy analysis and methods for assessing human development strategies aimed at achieving the Millennium Development Goals.

• About the Workshop>>

• About the project>>

• About Capacity Development and Advisory Services>>

Inter-temporal macroeconomic trade-offs and payoffs of human development strategies

Marco V. Sánchez, Economic Affairs Officer in the Development Strategy and Policy Analysis Unit of DPAD, presented a background paper, co-written with Martin Cicowiez, at the Development Policy Seminar held on April 23. The presentation focused on the drivers of potential, medium- to long-run economic gains from past human development investments in pursuance of the MDGs. These gains have been quantified through policy analyses, drawing on a computable general equilibrium model for four developing countries: Bolivia, Costa Rica, Uganda and Yemen.

A renewed global partnership for developmentA renewed global partnership for development

The global partnership for development, as crystallized in Millennium Development Goal 8, has played a crucial role in galvanizing international support for development. Given the global challenges at hand there is an urgent need for true collective action from all countries to create an enabling environment for development at all levels. A renewed global partnership for development, which is broader in scope and deeper than the current one, is needed to underpin any post-2015 development agenda.

Read the latest report of the UN System Task Team on the Post-2015 UN Development Agenda which provides a set of recommendations on the global partnership for development in the post-2015 era.

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