#WESP2018

WESP 2018 highlights that the strengthening global economy is an opportunity to address structural challenges Several economies in Africa, Latin America and Western Asia still see negligible per capita income growth East and South Asia remain world’s most dynamic regions

The World Economic Situation and Prospects 2018 was launched today in New York by Liu Zhenmin, Under-Secretary-General for Economic and Social Affairs, and Dawn Holland, Chief of the Global Economic Monitoring Unit in the Development Policy and Analysis Division of UN/DESA.

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.