monthly briefing

January 2014 Summary: World economy is expected to improve in 2014 Unemployment rates remain a major challenge Downside risks to the baseline scenario persist Global economic growth is projected to increase over the next two years, building on the rece ...

December 2013 Summary: Anaemic economic recovery is accompanied by tame inflation in developed economies. ƒGDP growth is stronger than expected in the United States. ƒCurrencies in some emerging economies are under pressure again. Along with subdued ec ...

November 2013 Summary: Global manufacturing production has improved Economic recovery is strengthening in developed economies, although slowly Public fiscal stimulus programmes have been a determinant factor in economic growth in many developing countr ...

October 2013 Summary: US Fed delays the tapering of the QE programme, providing a temporary relief for emerging markets Chinese economy strengthens Current-account deficits widen in several emerging economies   Contrary to expectations, the United Stat ...

September 2013 Summary: BRICS establish anti-crisis facility Western Europe exits recession Growth in emerging markets remains uneven amid structural issues and tightening external financing conditions During the G20 summit, the countries of the BRICS ...

July 2013 Summary: Global financial turmoil amid expectations of tapering QE stance Significant capital outflows and sharp depreciation of domestic currencies in developing countries Western Europe struggling to move out from recession Large emerging e ...

June 2013 Summary: Financial markets upbeat; real economies sluggish Subdued global growth in 2013 and moderate pick-up expected for 2014 Unemployment remains a key policy challenge Short-term risks have diminished but not disappeared; new medium-term  ...

May 2013 Summary:  Commodity prices decline as global trade remains weak The ECB cuts interest rates, returning to conventional monetary policy Economic momentum weakens in East Asia; another interest rate cut in India The global economy continued to e ...

April 2013 Summary: Renewed concerns about banking fragility in the euro area Capital inflows into emerging markets gain momentum The Bank of Japan discloses its new monetary stance which is beyond market expectations United States housing market stren ...