|DESA News Vol. 12, No. 01||January 2008|
This publication discusses short-term prospects for the global economy and an overview of some key policy and development issues for 2008. According to the WESP 2008, the world economy is facing serious challenges in sustaining the strong pace of economic growth seen over the past few years. While the baseline forecast is for world economic growth to moderate somewhat in 2008, the risks associated with the bursting of the housing bubble in the United States, the related unfolding credit crisis, the decline of the dollar, large global imbalances and high oil prices are all pointing to the downside.
The report draws some lessons from the global financial turmoil of 2007, which was triggered by the meltdown of sub-prime mortgages in the United States, and points out that the various measures adopted by central banks of the major economies did not address the root causes of the turmoil: the huge global imbalances. In an alternative scenario, which takes into account the possibility of a sharper than expected decline in house prices in the United States and a hard landing of the US dollar, the United States economy would fall into a recession, while global growth would be significantly lower than the baseline.
In addition to trends in international trade and capital flows, WESP 2008 also covers the latest progress and policy issues related to international trade negotiations and reform of the international financial system. One of its purposes is to serve as a point of reference for discussions on economic, social and related issues taking place in various United Nations forums during the year. The WESP 2008 is a joint product of DESA, UNCTAD and the five regional commissions.
For more information: http://www.un.org/esa/policy/wess/wesp.html
This CD-Rom provides a comprehensive and consistent set of population data for the world’s countries and their aggregates. Information is provided for 229 countries and areas, 33 country aggregates, including the world as a whole, the more and the less developed regions, and the major areas. The title contains data on total births, total deaths, total net-migration, the respective crude rates, life expectancy at birth by sex, infant and child mortality, total fertility, net-reproduction rate and population growth rates for 1950-2050 by five-year periods, population by five-year age group and sex for five-year periods and interpolated annual total population, and a host of other data. A comprehensive and an extended comprehensive edition are available.
For more information and to order: http://www.un.org/esa/population/publications/wpp2006/wpp2006.htm
MBS provides monthly statistics on more than 50 indicators from over 200 countries and areas, together with special tables illustrating important economic developments. Quarterly data for significant world and regional aggregates are included regularly.
In this issue: Civil aviation traffic (passenger-kilometres and cargo net tonne-kilometres); total exports and imports by countries or areas (volume, unit value indices, terms of trade and purchasing power of exports, in US dollars). Publication symbol ST/ESA/STAT/SER.Q/418.
In this issue: Indices of world industrial production, by branches of industry and by regions; producer price indices; earnings in manufacturing, by sex; construction of new buildings; total exports and imports by regions (volume, unit value indices and terms of trade); world exports by commodity classes and by regions. Publication symbol ST/ESA/STAT/SER.Q/419.
For more information: http://unstats.un.org/unsd/mbs
In evaluating the implementation of development targets, it is increasingly clear that success requires an approach that redefines the relationship between government and civil society. In particular, there is a need for involving all stakeholders in the formulation of public policy and decision-making. This title is a collection of papers presented for discussion at an expert group meeting on citizen participation in the implementation of the development goals, including the Millennium Development Goals, held in New York in November 2006.
Public accountability can be defined as the obligation of persons or entities entrusted with public resources to be answerable for the fiscal, managerial and program responsibilities that have been conferred on them, and to report to those that have conferred these responsibilities. The main objectives of all public accountability initiatives are to ensure that public money is spent economically and efficiently, that there is minimum of wastage or theft, and that public actually benefit from public finance.
This paper discusses the major challenges facing Africa’s leadership and the framework that needs to be applied to enable African countries to harness the benefits of global governance while avoiding some of the dangers it may cause to the development of the continent. Some ideas are introduced for preparing current and future African leaders for administering global governance.
This publication is intended for policy makers, scholars and practitioners who have a keen interest in concrete solutions to governance challenges. Its purpose is to encourage more women and men in the public sector who are working hard to improve citizens’ lives to share with the world their innovations by applying to the annual United Nations Public Service Awards, to recognize the efforts of those who have won an award, and to provide governments interested in innovation with useful information and knowledge about practices that have worked on the ground.
Progress and challenges in young people’s transition to adulthood is the theme of the 2007 World Youth Report to be launched on 19 December. The report stresses the need to enhance youth participation in all areas of social and economic development for the sake of young people and the communities in which they live. While youth face different challenges in different regions, a common thread is the lack of opportunity to become involved in development. An online edition of the report is now available for download.
To browse: http://www.un.org/esa/socdev/unyin/wyr07.htm