|Global Economic Monitoring Unit|
Pingfan Hong, Chief
A Chinese national, Pingfan Hong joined the United Nations in 1989 and has since worked mostly in the area of policy research, particularly macroeconomic policy analysis and international policy effects. He has contributed for many years to the publication of the United Nations World Economic and Social Survey and World Economic Situation and Prospects. He has also worked extensively with Project LINK in global modelling and forecasting.
The Global Economic Monitoring Unit (GEMU) monitors global economic trends and contributes to UN reports, briefings and notes in the area of macroeconomic analysis. The Unit takes primary responsibility for the annual publication of the World Economic Situation and Prospects (WESP), a UN flagship publication jointly produced by DESA, UNCTAD and the five Regional Commissions. The WESP provides an overview of recent global economic trends and short-run prospects for the world economy as well as key global economic policy and development issues. The annual publication, and its mid-year update, serves as a point of reference for deliberation on economic and social issues taking place in various United Nations entities, including the General Assembly (GA) and Economic and Social Council (ECOSOC). GEMU’s other key responsibility is collaboration with Project LINK, an international consortium of experts from approximately 60 countries and several international organizations on global modeling, forecasting and policy analysis.