Monthly Briefing on the World Economic Situation and Prospects

April 2010 Summary: Net export growth and government spending are driving the recovery in the major economies, while China’s economy is acting as the engine of the global upturn in 2010 Most of the unconventional monetary stimulus measures undertaken i ...

March 2010 Summary: The strength of the global recovery, witnessed in the second half of 2009, has been moderating and the recovery has become more uneven Global financial markets experienced a notable turbulence in the first two months of 2010, in par ...

January/February 2010 Summary: The global economy started 2010 on a positive note, with continuing recovery in industrial production and international trade, led by Asian developing countries; however, economic policymakers may face even tougher challe ...

December 2009 Summary: Global recovery continues, with an increasing number of countries reporting rises in output; The recovery, however, is uneven across regions and economic and financial fragilities remain Global trade is gaining momentum and prosp ...

November 2009 Summary: According to preliminary UN estimates, the world economy will shrink by 2.2 per cent in 2009. There are clear indications that recovery is on its way and global output may increase by 2.4 per cent in 2010, according to the prelim ...

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 ...

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 ...

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 ...