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Population

The 2010 Revision of the World Population Prospects is the twenty-second round of global demographic estimates and projections undertaken by the Population Division of DESA. The world population prospects are used widely throughout the UN and by many international organizations, research centers, academic researchers and the media. This new revision was released on 3 May and key findings and projections were presented at a press conference in New York by Hania Zlotnik, Director of DESA’s Population Division. The next revision is due in the first part of 2013.

Economic Analysis and Policy

The publication predicts weaker global growth in 2011 and 2012 as the recovery has lost momentum since the middle of 2010. World gross product is forecast to expand by 3.1 per cent in 2011 and 3.5 per cent in 2012, following estimated growth of 3.6 per cent in 2010. The report emphasizes that the outlook remains uncertain, surrounded by serious downside risks. It further indicates that, in the short run, more fiscal stimulus will be needed to reinvigorate the global recovery, but that it will need to be better coordinated with monetary policies and reoriented to provide stronger support to employment generation.

Economic Analysis and Policy

In the 2010 MDG Gap Task Force Report, UN warns that the shortfalls in meeting agreed actions on combating poverty and raising life standards are jeopardizing the achievement of the Millennium Development Goals (MDGs)...

Economic Analysis and Policy

The financial fallout in the USA which rapidly turned into a global economic crisis underscored the interconnectedness of the global economy. The economic and financial crisis came on top of several other crises. Skyrocketing but highly volatile world food and energy prices evidenced a decades-long neglect of food agriculture and failure to rein in increasingly speculative energy markets. And the effects of climate change, which is already a clear and present danger whose consequences are being felt in many part of the world in the form of more frequent and severe droughts and excessive rainfall, are compounding other crises.

These multiple dramas have unfolded simultaneously and…

Economic Analysis and Policy

The world economy continued to improve in the first half of 2010, leading to a slight upward revision in the United Nations outlook for global growth. The pace of the recovery is too weak, however, to close the global output gap left by the crisis. The recovery is also uneven across countries. While growth prospects for some developing countries are encouraging, economic activity is lacklustre in developed economies and below potential elsewhere in the developing world.

Important weaknesses in the global economy remain. Despite the large amounts of liquidity injected into the financial system, credit growth remains feeble in major developed economies and the process of financial…

Economic Analysis and Policy

The world economy is on the mend. After a sharp, broad and synchronized global downturn in late 2008 and early 2009, an increasing number of countries have registered positive quarterly growth of gross domestic product (GDP), along with a notable recovery in international trade and global industrial production. World equity markets have also rebounded and risk premiums on borrowing have fallen.

The recovery is uneven and conditions for sustained growth remain fragile. Credit conditions are still tight in major developed economies, where many major financial institutions need to continue the process of deleveraging and cleansing their balance-sheets. The rebound in domestic demand…

Population

The World Population Ageing 2009 report, by DESA's Population Division, which updates the 2007 edition, provides a description of global trends in population ageing and includes a series of indicators of the ageing process by development regions, major areas, regions and countries. This new edition includes new features on ageing in rural and urban areas, the coverage of pension systems and the impact of the 2007-2008 financial crisis on pension systems.

Economic Analysis and Policy, Financing for Development, Sustainable Development

The present report recognizes that further progress has been made towards fulfilling the promises embodied in Millennium Development Goal 8 (MDG 8). At the same time, it identifies important setbacks, most of which have arisen from the current state of the world economy which is suffering its severest downturn since the Great Depression of the 1930s. Some donor countries are cutting their budgets for official development assistance (ODA); several developed and developing countries have resorted to protectionist measures; resurging debt distress is increasing the need for further and broader debt relief; the costs of essential medicines are on the rise; and the technological divide…

Economic Analysis and Policy

The central message of the World Economic and Social Survey 2009 is that addressing the climate challenge cannot be met through ad hoc and incremental actions. In the first place, it requires much stronger efforts by advanced countries to cut their emissions. The fact that in this regard more than a decade has been lost since the adoption of the Kyoto Protocol to the United Nations Framework Convention on Climate Change only adds urgency to those efforts. However, even if advanced countries begin to match their words with deeds, their efforts are, by themselves, unlikely to be sufficient to meet the climate challenge. The active participation of developing countries is now required and…

Population

This issue of the Population and Vital Statistics Report presents data for countries or areas on population size (total, male, and female) from the latest available census, estimated total population size for 2006 or 2007 (the later available year), and the number and rate of vital events (live births, deaths, and infant deaths) for the latest available year within the past 15 years (1993-2007). These data are presented as reported by national statistical authorities.

Economic Analysis and Policy

Faced with the worst recession since the Second World War, the United Nations baseline forecast for world economic growth has been revised downward compared with the pessimistic scenario of the World Economic Situation and Prospects 2009 published in January. The world economy is expected to shrink by 2.6 per cent in 2009, after an expansion of 2.1 per cent in 2008 and nearly 4 per cent per year during the period 2004-2007. While a mild recovery is expected in 2010, risks remain on the downside. Developing countries are disproportionately hard hit by the crisis.

The global policy response has been unprecedented, including monetary, financial and fiscal measures to stabilize…

Economic Analysis and Policy

The world economy is mired in the worst financial crisis since the Great Depression. What first appeared as a sub-prime mortgage crack in the United States housing market during the summer of 2007 began widening during 2008 into deeper fissures across the global financial landscape and ended with the collapse of major banking institutions, precipitous falls on stock markets across the world and a credit freeze. These financial shockwaves have now triggered a full-fledged economic crisis, with most advanced countries already in recession and the outlook for emerging and other developing economies deteriorating rapidly, including those with a recent…