WESP

Stock market volatility returns amid concerns over inflation and monetary policy tightening Macroprudential policy measures in emerging economies can help address financial vulnerabilities and limit systemic risks Global investment conditions have improved markedly, but investment gaps remain large in many developing countries

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.

The report projects a modest improvement for the world economy in 2016/17 as a number of cyclical and structural headwinds persist. Global growth is estimated at a mere 2.4 per cent in 2015 and is forecast to grow by 2.9 per cent in 2016 and 3.2 per cent in 2017.

Limited global financial market reaction to Fed's interest rate move IMF includes Chinese renminbi in the SDR basket Monetary tightening in Western Asia and Latin America in response to Fed's first rate hike in seven years

According to chapter one of the World Economic Situation and Prospects 2016, only a modest improvement in the world economy is projected for the next two years Recessions in the Russian Federation and Ukraine may have reached a turning point Unemployment on the rise in a number of South American economies

ƒ The United States of America avoids a fiscal stand-off ƒ Emerging economies brace for net capital outflows for the first time in many years ƒ Third quarter growth in China beats expectations Global issues Oil prices expected to remain low in the medi ...

Global trade flows drops in value terms amid persistently weak commodity prices and stronger US dollar Budget cuts and increasing fiscal strains in many commodity-exporting developing countries

Global issues Decline in capital inflows to emerging markets gains pace Capital inflows to emerging economies continued a gradual but steady decline, amid domestic weaknesses and less favourable external conditions, including lower commodity prices and ...

14 September 2015 Summary Volatility soars in global financial markets Concerns over China's economy are mounting Stronger-than-expected GDP growth in the U.S., while economic growth slows in many developing countries Global issues Financial market vol ...