Document_GEM: Global Economic Monitoring Unit (GEM)
Global Economic Monitoring Unit (GEM)
1 October 2008
October 2008 Summary: The world economy is facing the most severe financial crisis since the Great Depression of the last century. The risk for a global recession has heightened significantly and volatility of commodity prices has increased further. I ...
14 January 2008
The World Economic Situation and Prospects 2008 highlights the risk of a recession in the United States and a hard landing of the global economy as a whole. The combination of a deep housing slump in the United States, continuous devaluation of the Uni ...
8 January 2007
The World Economic Situation and Prospects 2007 singles out the possibility of a more severe downturn in the United States' housing markets as the key risk for the global economy. A number of economies have witnessed substantial appreciation of house p ...
14 January 2006
The world economy is expected to continue to grow at a rate of 3 per cent during 2006. The United States economy remains the main engine of global economic growth, but the growth of China, India and a few other large developing economies is becoming in ...
14 January 2005
The continued recovery of the world economy resulted in unusually widespread growth in 2004, but a modest slowdown in all regions is expected in 2005, according to projections contained in the World Economic Situation and Prospects 2005. Developing cou ...
8 January 2004
Many of the forces responsible for dramatic growth in the previous decade are now absent or not strong enough to produce such robust performance. While global trade is projected by the World Economic Situation and Prospects 2004 to grow by 7.0 per cent ...
20 January 2003
Following some signs of stabilization at the end of 2002, global economic growth is expected to improve in 2003, but the strength, breadth and sustainability of the recovery remain subject to many uncertainties. Risks associated with heightened geopoli ...
14 January 2002
A pervasive slowdown in the world economy, aggravated by the terrorist attacks in the United States of America, has led to the lowest growth of gross world product in a decade. Gross world production grew little more than 1 per cent in 2001 and the vol ...
20 January 2001
Economic growth in 2000 was unexpectedly and unusually high and widespread. The increase in gross world product exceeded the earlier forecast of 3.5 per cent and was the strongest in more than a decade. This outcome was the result of improvements in al ...
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