WESP

August 2014 Summary: Global equity markets face potential policy shocks ƒBRICS announce the creation of the New Development Bank ƒArgentina defaults on its sovereign debt Extremely loose monetary policies adopted by major monetary authorities in develo ...

July 2014 Summary: World trade continues sluggish recovery ƒOil prices soar amid political instability in Iraq Disappointing first quarter for developed economies Despite expectations for a return to previous growth rates this year, world trade has gro ...

June 2014 Summary: World economic growth is expected to accelerate in 2014-2015 North American and European economies will experience a similar growth trajectory ƒDeveloping economies face stronger challenges, but will continue with relatively robust e ...

Facebook chat on the world economyEconomists from the Global Economic Monitoring Unit of the Development Policy and Analysis Division (DPAD) held a Facebook chat on the world economy today following the release of its mid-year update of the World Econo ...

May 2014 Summary: Financing conditions improve in euro area peripheral countries and in emerging economies ƒU.S. economy bounces back after a difficult first quarter ƒChina’s first-quarter GDP growth the slowest in two years Sovereign debt markets in t ...

April 2014 Summary: Global employment remains a challenge ƒUnited States Federal Reserve faces challenges in adjusting its monetary policy Financial markets in emerging economies stabilized The preliminary estimates for employment and unemployment, pre ...

March 2014 Summary: World economy is struggling to gain momentum ƒEmerging economies face policy dilemma in trying to stabilize currencies G20 meeting makes call for new measures to lift growth and create jobs The global economy seems to have hit a spe ...

February 2014 Summary: Emerging economies face renewed financial turbulenceƒ U.S. economy registered robust GDP growth in the fourth quarter of 2013 ƒLast quarter of 2013 revealed a heterogeneous economic performance in developing world In January 2014 ...

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 ...