World Economic Situation and Prospects (WESP) report

Short-term prospects for the world economy have continued to improve, according to the World Economic Situation and Prospects as of mid-2018. World gross product is expected to expand by 3.2 per cent in both 2018 and 2019, marking an upward revision from forecasts released in December 2017.

Marking 70 years of publication, UN/DESA's flagship report on the state of the global economy, the World Economic Situation and Prospects 2017, was launched today in New York by Assistant-Secretary-General for Economic Development, Lenni Montiel, and Senior Economic Affairs Officer, Dawn Holland. The report states that world gross product is forecast to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018, with this modest recovery more an indication of economic stabilization than a signal of a robust and sustained revival of global demand.  Regional launches will take place in Addis Ababa, Bangkok, Beirut, Geneva, Johannesburg, Mexico City, Moscow and New Delhi throughout the week.

Les impératifs de politique générale incluent la lutte contre les inégalités et la rupture du lien entre la croissance économique et la dégradation de l’environnement. « Le Rapport sur la situation et les perspectives de l’économie mondiale 2018 démontre que le contexte macroéconomique actuel offre aux décideurs davantage de champ pour lutter contre certains problèmes persistants qui continuent d’entraver la progression vers l’atteinte des objectifs de développement durable », a déclaré António Guterres, Secrétaire général de l’ONU dans l’avant-propos.

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The mid-year update of the World Economic Situation and Prospects 2017 confirms the projections made in January 2017 of a modest recovery in global growth for 2017-2018. Helped by a moderate recovery in trade and investment, world gross product is expected to expand by 2.7% in 2017 and 2.9% in 2018. While this marks a notable acceleration compared to 2016, growth in many regions remains below the levels needed for rapid progress towards achieving the Sustainable Development Goals.

The World Economic Situation and Prospects 2017 (WESP), published by the United Nations Department of Economic and Social Affairs (UN/DESA), was launched in a press conference in New York on 17 January by Assistant-Secretary-General for Economic Develo ...