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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…

Economic Analysis and Policy

Global economic activity is projected to slowly gain momentum, but growth will continue to be below potential and employment gains will remain weak, says the UN report. It notes that since late 2012, new policy initiatives in major developed economies have reduced systemic risks and helped stabilize consumer, business and investor confidence, but with very limited improvement on economic growth.

“The main priority for policy makers worldwide should be to support a robust and balanced global recovery, with a focus on promoting job creation,” said Shamshad Akhtar, UN Assistant Secretary-General for Economic Development.

Global growth has been revised slightly downward…

Economic Analysis and Policy

The World Economic Situation and Prospects 2013 presents a post-crisis world economy still struggling with continued weakening growth of 2.2 per cent in 2012. It projects disappointing global growth of 2.4 per cent in 2013 and 3.2 per cent in 2014 in the face of major uncertainties and downside risks. A much slower pace of poverty reduction is predicted in many developing countries and narrowing fiscal space for investments in the many critical areas needed for achieving the Millennium Development Goals. The World Economic Situation and Prospects 2013 calls for more forceful and concerted policy action at the global level, identifying fiscal and employment policies,…