Global Economic Monitoring Unit (GEM)

August 2011 Summary: Economic growth is decelerating markedly in many regions; global manufacturing production is stagnating Equity markets have tumbled and exchange rate volatility has resurfaced with continued sovereign debt problems and stalling eco ...

July 2011 Summary: Concerns over sovereign debt sustainability in Europe and the United States cast clouds over global economic recovery Oil and other primary commodity prices remain high, keeping up headline inflation and affecting output growth in ma ...

June 2011 Summary: The United Nations forecast for growth of the global economy was increased slightly to 3.3 per cent in 2011 and 3.6 per cent in 2012 However, the pace of the global recovery remains uneven across countries; output growth is strong am ...

May 2011 Summary: International oil prices increased further amidst continued unrest in the Middle East The United States dollar fell to historic lows Many emerging and developing countries are tightening monetary policies The value of the United State ...

April 2011 Summary: In addition to the massive human toll and environmental damage resulting from Japan’s triple disaster (earthquake, tsunami and nuclear catastrophe), ensuing ripple effects are being felt on global trade, finance and industrial growt ...

March 2011 Summary: International oil prices increased further amidst continued unrest in the Middle East Food prices reached new record highs, pushing up inflation worldwide As this went to press, a devastating earthquake in Japan occurred, causing th ...

February 2011 Summary: International food prices increased to record levels, contributing to both political unrest and greater uncertainty about the global recovery; other commodity prices also increased strongly in January The economic recovery in the ...

January 2011 Summary: A further slowdown in global economic growth is expected Developing economies continue to lead the recovery There are major downside risks for a gloomier outlook, including too early moves to fiscal austerity, further exchange rat ...

After a year of fragile and uneven recovery, global economic growth started to decelerate on a broad front in mid-2010 and this slower growth is expected to continue into 2011 and 2012. The United Nations baseline forecast for the growth of world gross ...