Global Economic Monitoring Branch (GEMB)

November/December 2012 Summary: Effects of quantitative easing on emerging markets weakening Fiscal cliff looming for the United States Economic situation in Japan deteriorates further  Signs of a mild strengthening of economic activity in China The in ...

October 2012 Summary: World trade continues to slow Economic uncertainty continues in the eurozone India’s government enacts significant reforms Growth of world trade has slowed significantly during the year as a consequence of stalling economic activi ...

September 2012 Summary: Slow growth in Europe affecting Asian exports ECB and Fed announce new government bond-buying programmes Growth slows in Brazil The recessionary environment in Europe is directly affecting the growth prospects of many developing ...

August 2012 Summary: Drought in large parts of the United States is pushing up world food prices Emerging markets ease monetary policy to stimulate growth The debt crisis in the eurozone remains a major source of uncertainty  The severe drought affecti ...

July 2012 Summary: Marked deceleration in global trade Progress made in EU bank recapitalization and growth pact Growth slows in Brazil and India Monthly data of global and regional trade confirm that a marked deceleration of international trade is und ...

June 2012 Summary: Growth projections for the global economy revised downward The jobs crisis continues Euro area debt crisis and rising energy prices are key risks Despite some scattered signs of improvement in recent months, the world economic situat ...

May 2012 Summary: Quantitative easing by developed countries imposing a tax on the rest of the world IMF resources boosted by $430 billion Unemployment continues to rise in Europe Central banks of developed countries collected an enormous amount of sei ...

April 2012 Summary: Developed country central banks continue monetary easing China records significant trade deficit in January and February Hungary may become first country to face EU financial sanctions In the United States, the Federal Reserve Bank ...

March 2012 Summary: Rising oil price complicates global recovery Agreement made for second rescue package to Greece Growth slowed in India and Brazil in 2011 During most of February, oil traded above $120 per barrel, reaching levels not seen since May ...