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Economic Analysis and Policy

The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report.

Global growth is estimated at a mere 2.4 per cent in 2015, marking a downward revision by 0.4 percentage points from the UN forecasts presented six months ago. Amid lower commodity prices, large capital outflows and increased financial market volatility, growth in developing and transition economies has slowed to its weakest pace since the global financial crisis of 2008/2009.

Given the much anticipated slowdown in China and persistently weak…

Gender, Statistics

The lives of women and girls around the world have improved in several areas over the last 20 years, according to the new UN DESA report “The World’s Women 2015,” launched today. Coming on the heels of the recently adopted Sustainable Development Goals (SDGs), this new set of data on women and girls worldwide brings into sharp perspective the need for gender equality outlined in Goal 5.  

“We cannot achieve our 2030 Agenda for Sustainable Development without full and equal rights for half of the world’s population, in law and in practice,” said UN Secretary-General Ban Ki-moon at a recent event on gender equality organized on the side of the Sustainable Development Summit.…

Statistics

Evidence shows that the global Goals worked. They galvanized the entire global community to address the most pressing issues at the beginning of the Millennium, centered in lifting people from extreme poverty and improving the lives of those most disadvantaged. “The MDG experience provides compelling evidence that the international community can be mobilized to confront complex challenges. Governments, civil society and a wide range of international actors coalesced behind the MDGs in a multi-front battle against poverty and disease,” said Secretary-General Ban Ki-moon.

They served as a framework for local, national, regional and global monitoring of development progress…

Sustainable Development

A new United Nations flagship report launched today finds that solutions to the challenges to people and planet must build on clear scientific findings in order to be sustainable. “The successful implementation of the new sustainable development agenda requires a strong scientific foundation that is understood by policymakers,” said Wu Hongbo, UN DESA’s Under-Secretary-General, referring to the proposed 17 sustainable development goals, scheduled for adoption in September in New York.

The 2015 Global Sustainable Development Report, an intergovernmental-mandated report on the science-policy interface for sustainable development, was presented to UN Member States at the High…

Economic Analysis and Policy

The world economy continues to grow at a modest pace, with a gradual improvement projected for the second half of 2015 and 2016, according to the World Economic Situation and Prospects (WESP) as of mid-2015 report.

Growth of world gross product is projected to improve slightly from 2.6 per cent in 2014 to 2.8 per cent in 2015—a downward revision by 0.3 percentage points from the forecast presented in the WESP 2015 in January.

The downward revision reflects mainly deterioration in the prospects of the economies in transition and several large developing countries, especially in South America. In 2016, global growth is forecast to improve to 3.1 per cent, which is still well…

Economic Analysis and Policy

Global economic growth is forecast to increase marginally over the next two years, according to the United Nations World Economic Situation and Prospects 2015 (WESP) report.The global economy is expected to grow 3.1 per cent in 2015 and 3.3 per cent in 2016, compared with an estimated growth of 2.6 per cent for 2014.

The global economy expanded during 2014 at a moderate and uneven pace. Legacies from the global financial crisis continue to weigh on growth, while new challenges have emerged, including geopolitical conflicts such as in Ukraine and the Ebola epidemic.

Unemployment figures remain historically high in some regions, but appear to have stopped rising. While…

Sustainable Development

Calling for inclusive, agile and coordinated action to usher in an era of sustainable development for all, Secretary-General Ban Ki-moon on 4 December presented the UN General Assembly with an advance unedited version of his “synthesis report,” which will guide negotiations for a new global agenda centred on people and the planet, and underpinned by human rights. The report was formally issued in the six official UN languages on 31 December 2014.



“Next year, 2015, will herald an unprecedented opportunity to take far-reaching, long-overdue global action to secure our future well-being,” Mr. Ban said as he called on Member States to be “innovative,…

Statistics

Millions of people’s lives have improved due to concerted global, regional, national and local efforts to achieve the Millennium Development Goals (MDGs), which serve as the foundation for the next global development agenda, according to the report launched by the Secretary-General on 7 July 2014.

With many MDG targets already met on reducing poverty, increasing access to improved drinking water sources, improving the lives of slum dwellers and achieving gender parity in primary school, the report says many more targets are within reach by their 2015 target date. If trends continue, the world will surpass MDG targets on malaria, tuberculosis and access to HIV treatment, and the…

Economic Analysis and Policy

The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing economies and economies in transition, according to the UN World Economic Situation and Prospects (WESP) 2014 mid-year update. Global growth has been revised slightly lower from the forecasts presented in the WESP 2014. Growth of world gross product (WGP) is now projected at 2.8 per cent in 2014 and 3.2 per cent in 2015, up from 2.2 per cent in 2013. However, this pace of expansion is still low compared to the growth path before the 2008 global financial crisis.

“More than five years after the financial crisis, the world continues to struggle with…

Economic Analysis and Policy  

Global economic growth should increase over the next two years with continuing signs of improvement, according to the United Nations World Economic Situation and Prospects 2014 (WESP) report. The global economy is expected to grow at a pace of 3.0 per cent in 2014 and 3.3 per cent in 2015, compared with an estimated growth of 2.1 per cent for 2013.

The world economy experienced subdued growth for a second year in 2013, but some improvements in the last quarter have led to the UN’s more positive forecast. The euro area has finally ended a protracted recession. Growth in the United States strengthened somewhat. A few large emerging economies, including China and India,…

Economic Analysis and Policy

The experience from the Millennium Development Goals has shown that well-defined, objectively measurable indicators can help to maintain focus on internationally agreed development goals and targets, while keeping the world informed of achievements, problem areas and emerging issues.

Looking ahead to the post-2015 development agenda, it will be important to develop a robust monitoring system that draws on traditional data collection methods and innovations in statistics and data collection to develop a monitoring framework that can measure progress on the various thematic areas.

While it is still too early to define a set of indicators and targets for the development…

Population

The publication provides a coherent accounting framework of economic flows from one age group or generation to another, typically for a national population in a given calendar year. This manual presents the concepts, methods and estimation procedures to measure these flows over the life-cycle. The NTA estimates are useful to understand and analyse the implications of changing age structures for the fiscal sustainability of social programs, the accumulation of physical and human capital, economic growth, and familial support for children, youth and older persons.

National Transfer Accounts are consistent with the System of National Accounts (SNA), and provide measures by single…