Global Economic Monitoring Branch (GEMB)

June 2010 Summary: The world economy is rebounding but the recovery remains uneven, weak and fragile  At the present speed of the recovery, unemployment rates will take five years to drop to pre-crisis levels The recovery is still mainly driven by gove ...

May 2010 Summary: Economic recovery continues albeit unevenly. While growth is rapid in many emerging economies, it remains fragile in most advanced economies Euro zone countries and the IMF agreed on a three-year programme worth $146 billion to suppor ...

April 2010 Summary: Net export growth and government spending are driving the recovery in the major economies, while China’s economy is acting as the engine of the global upturn in 2010 Most of the unconventional monetary stimulus measures undertaken i ...

March 2010 Summary: The strength of the global recovery, witnessed in the second half of 2009, has been moderating and the recovery has become more uneven Global financial markets experienced a notable turbulence in the first two months of 2010, in par ...

January/February 2010 Summary: The global economy started 2010 on a positive note, with continuing recovery in industrial production and international trade, led by Asian developing countries; however, economic policymakers may face even tougher challe ...

The World Economic Situation and Prospects 2010 cautions that although the world economy is on the mend, the recovery is uneven and conditions for sustained growth remain fragile. The risk of a double-dip recession remains. The report also highlights a ...

December 2009 Summary: Global recovery continues, with an increasing number of countries reporting rises in output; The recovery, however, is uneven across regions and economic and financial fragilities remain Global trade is gaining momentum and prosp ...

November 2009 Summary: According to preliminary UN estimates, the world economy will shrink by 2.2 per cent in 2009. There are clear indications that recovery is on its way and global output may increase by 2.4 per cent in 2010, according to the prelim ...

October 2009 Summary: The global recovery remains fragile and requires sustained policy support, as agreed by G20 leaders at the Pittsburgh Summit. The recovery in some Asian economies has lost some of its momentum, as reflected in weaker exports and i ...