News & Events

October 2009 Summary: The global recovery remains fragile and requires sustained policy support, as agreed by G20 leaders at the Pittsburgh Summit. The recovery in some Asian economies has lost some of its momentum, as reflected in weaker exports and i ...

Strengthening the Global Partnership for Development in a Time of CrisisFurther progress has been made towards fulfilling the promises embodied in the Millennium Development Goal 8 (MDG 8). However, the Global Partnership for Development has suffered i ...

September 2009 Summary:  The global economy shows tentative signs of a recovery, but substantial risks and uncertainties remain. If employment growth and private investment demand do not pick up strongly before the effects of fiscal stimuli fade out, t ...

Promoting Development, Saving the Planet The World Economic and Social Survey 2009 argues that mitigation and adaptation efforts can better move forward as part of a development strategy built around a massive investment-led transformation, along low-c ...

August 2009 Summary:  The global recession is moderating, with trade and industrial production stabilizing and financial markets partially improving The prospects of a true global recovery are highly uncertain as demand continues to largely depend on f ...

July 2009 Summary: The recent United Nations conference on the global financial and economic crisis proposed a comprehensive set of actions to mitigate the immediate impact of the crisis and to formulate adequate medium- and long-term responses. Unempl ...

June 2009 Summary: First quarter data underscore the severity of the crisis across the globe. Although some high-frequency indicators for developed economies suggest a slowing of the downturn, economic recovery is still far from in sight. Several large ...

May 2009 Summary:  World economy will contract by 2.6 per cent in 2009; recovery in 2010 is possible, but risks of prolonged recession are high. Developing countries are disproportionately hit by the crisis. Fiscal responses, while significant, are asy ...

April 2009 Summary: Unemployment, trade and capacity utilization face sharpest deterioration since World War II Widening gaps in external financing for developing countries call for large international transfers G20 reaches agreement on provision of $1 ...