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Economic Analysis and Policy

New strategies are needed to address the impacts of rapid urbanization around the world, including increasing demands for energy, water, sanitation, public services, education and health, according to the World Economic and Social Survey 2013.

The 2013 Survey examines the many challenges that must be addressed to achieve sustainable development. The United Nations Conference on Sustainable Development—Rio+20--set out a framework for action and follow-up across a wide range of issues and the Survey zooms in on three critical challenges – food security, energy transformation and sustainable cities.

According to the Survey produced by the UN Department for Economic and Social…

Population

The current world population of 7.2 billion is projected to increase by 1 billion over the next 12 years and reach 9.6 billion by 2050, according to a United Nations report launched today, which points out that growth will be mainly in developing countries, with more than half in Africa.

“Although population growth has slowed for the world as a whole, this report reminds us that some developing countries, especially in Africa, are still growing rapidly,” said the Under-Secretary-General for Economic and Social Affairs, Wu Hongbo in a press release on the report.

The report, World Population Prospects: the 2012 Revision, notes that the population of developed regions will…

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 global partnership for development, as crystallized in Millennium Development Goal 8, has played a crucial role in galvanizing international support for development. Given the global challenges at hand, there is an urgent need for true collective action from all countries to create an enabling environment for development at all levels. The latest report of the UN System Task Team on the Post-2015 UN Development Agenda provides a set of recommendations on the global partnership for development in the post-2015 era.

A renewed global partnership for development, which is broader in scope and deeper than the current one, is needed to underpin any post-2015 development agenda.…

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,…

Economic Analysis and Policy

In its 2012 Report, the MDG Gap Task Force has had difficulty identifying areas of significant new progress towards delivering on commitments to the Global Partnership for Development, and for the first time there are signs of backsliding. The volume of official development assistance (ODA) fell for the first time in many years, obstacles to exports from developing countries are on the rise, and numerous developing countries are facing debt difficulties.

With less than three years until 2015, there is no apparent commitment by donor Governments to reverse the trend in time, and it is likely that fewer MDGs will be reached in fewer countries as a result.

The Report finds…

Economic Analysis and Policy

The financial needs of developing countries have long outstripped the willingness and ability of donors to provide aid. Addressing this challenge, the survey proposes an international tax, combined with other innovative financing mechanisms, to raise more than $400 billion annually for development and global challenges such as fighting climate change.

Launched on 5 July, the survey reveals that in the midst of difficult financial times, many donor countries have cut back on development assistance. In 2011, for the first time in many years, aid flows declined in real terms.

“We are suggesting various ways to tap resources through international mechanisms, such as…

Economic Analysis and Policy

Despite scattered signs of improvement, the world economic situation and prospects continue to present challenges. After a marked slowdown in 2011, global economic growth will likely remain tepid in 2012, with most regions expanding at a pace that is below potential. In the face of subdued growth, the jobs crisis continues, with global unemployment still above its pre-crisis level and unemployment in the euro area rising rapidly. The risks to the global outlook are tilted to the downside. The euro area debt crisis remains the biggest threat to the world economy. An escalation of the crisis would likely be associated with severe turmoil on financial markets and a sharp rise in global risk…

Population

Africa and Asia together will account for 86 per cent of all growth in the world’s urban population over the next four decades, adding that this unprecedented increase will pose new challenges in terms of jobs, housing and infrastructure. Africa’s urban population will increase from 414 million to over 1.2 billion by 2050 while that of Asia will soar from 1.9 billion to 3.3 billion, according to the 2011 Revision of the World Urbanization Prospects, produced by the UN Population Division of the Department of Economic and Social Affairs (DESA).

The largest increases in urban population are expected in the following countries: India, China, Nigeria, the United States and Indonesia…

Economic Analysis and Policy

The world economy is on the brink of another major downturn. Global economic growth started to decelerate on a broad front in mid-2011 and is estimated to have averaged 2.8 per cent over the last year. This economic slowdown is expected to continue into 2012 and 2013. The United Nations baseline forecast for the growth of world gross product (WGP) is 2.6 per cent for 2012 and 3.2 per cent for 2013, which is below the pre-crisis pace of global growth.

Persistent high unemployment in the United States and low wage growth are holding back aggregate demand and, together with the prospect of prolonged depressed housing prices, this has heightened risks of a new wave of home…

Population

UN Population Division's wall chart on Rural Population, Development and the Environment 2011 presents the latest data available for 15 indicators of rural population, land use, development and environment. It provides estimates at the national, regional and world levels, giving us a better understanding of the relationship between demographic dynamics, natural resources and cultural practices.

Population

This report, published by the Population Division, is the third in the series of the analysis of reproductive behaviour worldwide. It discusses levels and trends of fertility, the timing of childbearing, marriage, contraceptive use and national policies with respect to fertility and childbearing for 196 countries or areas. The data presented are obtained from civil registration statistics, population censuses and nationally representative sample surveys.