Document_GEM: World Economic Situation and Prospects (WESP) Full Report

World Economic Situation and Prospects (WESP) Full Report

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 ...

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 ...

At the beginning of 2000, the world economy was in better shape than the previous year, when the aftermath of the financial crises in Asia and the Russian Federation and the uncertainties relating to Brazil clouded the outlook. It is estimated that gro ...

The world economy is now growing at its slowest rate since early in the decade. The recession in Japan, the East Asian crisis and the Russian crisis ??along with contagion throughout the financial markets ??combined in 1998 to halve the growth rate of ...

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