| UN: World Economic Situation Prospects |
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World Economic Situation and Prospects 2007
After a solid and broad-based growth for three consecutive years, the world
economy is expected to decelerate in 2007, mainly dragged by a slowdown of the
United States. Growth in Europe and Japan, meanwhile, will not be sufficient for
these economies to act as locomotives of global growth. The outlook remains
mostly positive for developing countries, but a degree of moderation is also
expected. Sustained high growth in China, India and a few other major emerging
economies seems to have engendered synergy among developing countries so that
growth in this group is more endogenous. However, a large number of developing
countries remain highly vulnerable to the vicissitudes of commodity prices and
the volatility of international financial markets. The report highlights the
need for greater employment growth, which has not kept pace with output growth.
The global economic outlook also encompasses a number of important downside
risks: bursts in the housing bubbles in a number of countries, uncertainties in
oil prices and mounting global imbalances. The report calls for international
macroeconomic policy coordination in order to facilitate an orderly adjustment
of global imbalances.
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Report
Executive Summary: (English) -
Arabic - Chinese - French - Russian - Spanish
Global outlook: (English),
(Arabic),
(Chinese),
(French),
(Russian),
(Spanish)
Trade and Investment -
Europe
Press Conference
Presentation
Background paper:
Barry Eichengreen, Should There
Be a Coordinated Response to the Problem of Global Imbalances? Can There Be
One?
World Economic Situation and Prospects as of
mid-2006:
- English - French - Spanish
Press Releases:
- English - French
Past issues of WESS and WESP since 1994
Publications and reports by
year
Working paper series
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Sales No:07.II.C.2 -- ISBN:978-92-1109153-3
(For more info, email: wesp@un.org)
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World Economic Situation and Prospects 2006
The world economy is expected to continue to grow at a rate of 3 per cent
during 2006. The United States economy remains the main engine of global
economic growth, but the growth of China, India and a few other large developing
economies is becoming increasingly important. On average, developing economies
are expected to expand at a rate of 5.6 per cent and the economies in transition
at 5.9 per cent, despite the fact that these economies may face larger
challenges during 2006.
Driven by higher oil prices, inflation rates have
edged up worldwide. Core inflation rates, which exclude the prices of energy and
food, have been more stable, indicating that the pass-through of higher oil
prices to overall inflation is limited.
Executive Summary
(English), Arabic, Chinese, French, Russian, Spanish
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(182 pages, 1.85 MB)
Press Release (English), French, Spanish
Press Conference
Presentation
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Sales Number: E.06.II.C.2 ISBN:
92-1-109150-0
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World Economic Situation and Prospects 2005
The continued recovery of the world economy resulted in unusually widespread
growth in 2004, but a modest slowdown in all regions is expected in 2005,
according to projections contained in World Economic Situation and Prospects
2005 (WESP 2005). Developing countries grew at the fastest rate in two decades
in 2004. In addition to the stimulus provided by the United States, China is
making an increasing contribution to global economic growth. Its rapid expansion
has contributed to increased global demand for oil and many non-oil commodities,
with the higher prices for the latter being of particular benefit to several
countries in Africa and Latin America. Overall, prospects continue to be good,
but the global imbalances pose a potential threat, to which a global response is
required.
Executive Summary
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(138
pages, 588kb)
Press Release (English),
French,
Spanish
Press Conference
Presentation
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World Economic Situation and Prospects 2004
Many of the forces
responsible for dramatic growth in the previous decade are now absent or not
strong enough to produce such robust performance. While global trade is
projected by the World Economic Situation and Prospects 2004 (WESP 2004) to grow
by seven per cent this year, it is unlikely that the buoyancy of pre-2000 years
will be repeated, especially given setbacks in the Doha round of trade
negotiations. The recovery of foreign direct investment will be similarly
subdued, as will rebounding investment in information technologies. And in 2004,
the dampening effects of geopolitical tensions and threats of international
terrorism are more prevalent than in the years immediately before
2001.Therefore, the report urge careful measures to nurture the recovery and
avoid a precipitous unwinding of international imbalances
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Press Release (English) ,
Spanish,
French
Press Conference Presentation
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SALES No:E.04.II.C.2 ISBN:9211091462
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World Economic Situation and Prospects 2003
Full document (English)
Sales No. E.03.II.C.2; ISBN 92-1-109144-6).
Press Release
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publication
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World Economic Situation and Prospects 2002
Full document (English)
Press Release
Order this
publication Sales No.E.02II.C.2 ISBN:92-1-109-141-1
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World Economic
Situation and prospects 2001
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World
Economic Situation and Prospects for 2000
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World Economic Situation and Prospects for 1999
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| UN: World Economic and Social Survey |
World Economic and Social Survey 2006
Diverging Growth and Development
Press release
Press Conference
Presentation
Statement to ECOSOC
by Mr. José
Antonio Ocampo
Full Report: 210 pages (4.78
mb)
Preface: 1 page (32
kb)
Overview: 16
pages (218 kb)
Table of contents:
6 pages (47.2 kb)
Chapter I: Growth and development,
1960-2005 -28 pages (2.37 mb)
Chapter II: Structural change
and economic growth -24 pages (545 kb)
Chapter III: Has trade
integration caused greater divergence? -38 pages (524
kb)
Chapter
IV: Macroeconomic policies and growth divergence -34 pages (492
kb)
Chapter V: Governance,
institutions and growth divergence -22 pages (135
kb)
Annex tables
-22 pages (147 kb)
Bibliography -20 pages (151 kb)
According to the World Economic and Social Survey 2006, in the
industrialized world, the income level over the last five decades has grown
steadily while it has failed to do so in many developing countries, thereby
causing a rise in already high world inequality.
Greater income divergence
is partly explained by a rising number of growth collapses. Countries with weak
economic structures and institutions and low infrastructural and human
development have less capacity to gain from global markets
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You may view the draft background papers used in the
preparation of the WESS 2006 below.
Developing and Transition
Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures,
and Sources of Demand (Codrina Rada and Lance Taylor)
Governance,
Economic Growth and Development since the 1960s (Mushtaq H. Khan)
Real Income
Stagnation of Countries,1960-2001 (Sanjay G. Reddy and Camelia Minoiu)
Turning Swords to Ploughshares & Little Acorns to Tall Trees: The
Conflict-Growth Nexus & the Poverty of Nations (S, Mansoob Murshed)
Financial
Development and Economic Growth: A Critical View (Valpy FitzGerald)
Have Collapses in
Infrastructure Spending led to Cross-Country Divergence in per Capita GDP? (Francisco Rodríguez)
Growth Empirics When the
World is Not Simple (Francisco Rodríguez)
Openness and
Growth: What Have We Learned? (Francisco Rodríguez)
Growth after Globalisation: a ‘Structuralist-Kaldorian’ game of musical
chairs? (José Gabriel Palma)
Industrial Policy and Growth (Helen Shapiro)
Development Aid and Economic
Growth: A Positive Long-Run Relation (Sanjay G. Reddy and Camelia Minoiu)
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World Economic and Social Survey 2005
Financing for Development
The World Economic and Social Survey 2005 focuses on the Monterrey
Consensus as the current framework for international cooperation for
development. The report examines the correspondingly broad agenda for action
that was set out in the Consensus, recognizing numerous accomplishments to date
and draws attention to the further actions in the financing and trade areas that
need to be undertaken in the years ahead to achieve both the Millennium
Development Goals, as well as the broader United Nations Development Agenda.
Download Full Report (250
pages,950kb)
Preface, Overview, Contents (28
pages, 176kb)
Chapter I Mobilizing domestic
resources for development (34 pages,199kb)
Chapter II Trade (38 pages, 209kb)
Chapter III International private
capital flows (36 pages, 189kb)
Chapter IV Official development
financing (32 pages, 186kb)
Chapter V External debt (24 pages,
147kb)
Chapter VI Systemic issues (26
pages, 152kb)
Bibliography (30 pages,
140kb)
ORDER THIS PUBLICATION
Sales No: E.05.II.C.1
ISBN: 9211091497
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The World Economic and Social Survey 2004
PART I: Trends and Policies in the World
Economy
The first part of the World Economic and Social Survey 2004
discusses the state of the world economy in 2004 and the outlook for 2005. It
includes a review of developments in international trade and finance and an
overview of the situation in the world’s economies as of mid-2004 and their
prospects for 2005.
Download Full Report (Part I) (188 pages,
1195kb)
Download Preface, Executive
Summary, Contents (12 pages, 115kb)
Download Chapter
I (24 pages, 145kb)
Chapter II (26 pages,
161kb)
Chapter III (28 pages,
172kb)
Chapter IV (44 pages,
238kb)
Statistical Annex and
tables (50 pages, 239kb)
PART II: International Migration
The second part of the World Economic and Social Survey 2004
addresses international migration. It examines historical and recent surges in
migration, policies towards migration, its economic and social effects, the
question of refugees and the state of international cooperation regarding
migration.
Download Full Report (Part II) (274
pages,1052kb)
Preface, Overview, Contents
(32 pages, 177kb)
Chapter I (20
pages,145kb)
Migration during 1820-1920, the First Global Century
Chapter II (46 pages,
312kb)International migration trends
Chapter III (26 pages,
137kb)
International migration policies
Chapter IV (32 pages,
184kb)
Economic impacts of international migration
Chapter V (24 pages,
154kb)
Temporary migration and its relation to trade in services
Chapter VI (16 pages,
104kb)
Social dimensions of international mobility
Chapter VII (22 pages,
139kb)
Levels and trends in international displacement
Chapter VIII (22 pages
131kb)
International cooperation for migration management
Annex (8 pages, 87kb),
Current status of the collection of international migration statistics
Bibliography (22
pages, 112kb)
Press Releases
(12 pages,394kb) - Press Overview (29 pages, 219kb)
For Part II: Sales No:E.04.II.C.3 / ISBN:9211091470
ORDER ONLINE
Printable order form for
this publication (Please fill in and mail)
For Part I: SALES No: E.04.II.C.1 / ISBN: 9211091454
ORDER ONLINE
Printable order form for
this publication (Please fill in and mail)
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World Economic and Social Survey 2003
Table of Contents
PART I
Chapter I
Press Release
PART II
Part II (All chapters)
Press Release
Press Conference
Presentation
Order this publication -
Sales No:E.03.II.C.1 ISBN:9211091438
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World Economic and Social Survey 2002
Sales No.
E.02.II.C.1)
Full
document 2002, French, Spanish
Chapter I (English), French, Spanish ,
Russian
Press Release
Order this
publication
|
World Economic and
Social Survey 2001
Sales No.
E.01.II.C.1)
(Chapter
I)
Press
Release
|
World Economic and Social Survey, 2000 (United Nations
publications, Sales No. E.00.II.C.1) (Chapter I)
|
World Economic and Social Survey
1999
(E/1999/50/Rev.1); Sales No. E.99.II.C.1, ISBN 92-1-109135-7)
|
World Economic and Social Survey
1998
(E/1998/50; Sales No. E.98.II.C.1)
|
World Economic and Social Survey
1997
(E/1997/50; Sales No.E.97.II.C.1)
|
World Economic and Social Survey
1996
(E/1996/60; Sales No.E.96.II.C.1).
|
World Economic and Social Survey
1995
(E/1995/50; Sales No.E.95.II.C.1)
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World Economic and Social Survey
1994
(E/1994/65; Sales No.E.94.II.C.1)
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World Economic Survey 1993
(E/1993/60; Sales No.E.93.II.C.1)
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