Global Economic Monitoring Branch (GEMB)

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

Among the many issues touched upon were inequality and the economics of innovation and technology change; fostering broader private sector engagement in sustainable investment; and aligning educational priorities with the changing nature of work.

Declining headline unemployment rates mask deeper labour market challenges in both developed and developing regions High youth unemployment not only bears significant costs for the individual but also damages the social fabric Long term investments in education, fostering entrepreneurship and enhancing social safety nets promote more inclusive labour markets

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.

WTO’s Eleventh Ministerial Conference to be held against a backdrop of major challenges to the multilateral trading system Rising financial imbalances prompt policy responses in China and the Republic of Korea Higher oil and metal prices driving South America’s economic recovery

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.

Rapid growth in cryptocurrencies posing a challenge for policymakers, European Central Bank maintains accommodative policy stance while the Bank of England raises its key policy rate for the first time in more than a decade, India announces plans to recapitalize state-owned banks

Growing private consumption, increased investment and strong government expenditure have improved the conditions for growth.