Publications

Growth in the world economy is surpassing expectations and global GDP is now expected to expand by more than three per cent this year and in 2019, reflecting strong growth in developed countries and broadly favourable investment conditions. But rising trade tensions, heightened uncertainty over monetary policy, increasing debt levels and greater geopolitical tensions can potentially thwart progress, according to the United Nations World Economic Situation and Prospects (WESP) as of mid-2018.

According to the report, world economic growth is now forecast to reach 3.2 per cent both in 2018 and 2019, an upward revision by 0.2 and 0.1 percentage point, respectively. This revised…

–An upturn in the global economy—now growing by about 3 per cent—paves the way to reorient policy towards longer-term issues such as addressing climate change, tackling existing inequalities and removing institutional obstacles to development, according to the United Nations World Economic Situation and Prospects (WESP) 2018.

“The World Economic Situation and Prospects 2018 demonstrates that current macroeconomic conditions offer policy-makers greater scope to address some of the deep-rooted issues that continue to hamper progress towards the Sustainable Development Goals,” stated UN Secretary-General António Guterres in the Foreword.

According to the report, in 2017, world…

The 2030 Agenda for Sustainable Development sets out a universal plan of action to achieve sustainable development in a balanced manner and seeks to realize the human rights of all people. It calls for leaving no one behind and for ensuring that the Sustainable Development Goals (SDGs) are met for all segments of society, at all ages, with a particular focus on the most vulnerable—including older persons.

Preparing for an ageing population is vital to the achievement of the integrated 2030 Agenda, with ageing cutting across the goals on poverty eradication, good health, gender equality, economic growth and decent work, reduced inequalities and sustainable cities. Therefore, while…

If the world is to eradicate poverty, address climate change and build peaceful, inclusive societies for all by 2030, key stakeholders, including governments, must drive implementation of the Sustainable Development Goals (SDGs) at a faster rate, according to the The Sustainable Development Goals Report 2017, launched by UN Secretary-General Antonio Guterres.

Using the most recent data available, the annual Sustainable Development Goals Report provides an overview of the world’s implementation efforts to date, highlighting areas of progress and areas where more action needs to be taken to ensure no one is left behind. The Sustainable Development Goals Report 2017report found that…

A careful review of 70 years of the United Nations’ economic advice reveals that the analysis still remains relevant to guiding countries through a difficult current global economic situation and for the implementation of the 2030 Agenda for Sustainable Development, according to the World Economic and Social Survey launched today by the United Nations Department of Economic and Social Affairs.

Individual countries have pursued widely different development paths during a period that has witnessed the fastest growth in global output and trade than any other period in the history of humanity—and have achieved varying results from the bleak to the miracle—. An in-depth review of the…

Growth in the global economy has picked up in the last six months in line with expectations, but in many regions, growth remains below the levels needed for rapid progress towards achieving the Sustainable Development Goals, according to the United Nations World Economic Situation and Prospects as of mid-2017 report.

The report identifies a tentative recovery in world industrial production, along with reviving global trade, driven primarily by rising import demand from East Asia. World gross product is expected to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018, unchanged from UN forecasts released in January this year. This marks a notable acceleration compared to just 2.…

In Africa, as in other regions, persons with disabilities are disproportionately likely to live in poverty and, too often, lack access to education, health care, employment opportunities, housing, social protection systems, justice, cultural expression and participation in political life. The ability of persons with disabilities to participate in society is often frustrated because physical environments, transportation and information and communications systems are not accessible.

In this context, a Toolkit on Disability for Africa has been developed by the United Nations Department of Economic and Social Affairs (UNDESA), Division for Social Policy and Development (DSPD). It is…

Although a modest global recovery is projected for 2017-18, the world economy has not yet emerged from the period of slow growth, characterised by weak investment, dwindling trade and flagging productivity growth, according to the United Nations World Economic Situation and Prospects (WESP) 2017 report.

The report states that the world economy expanded by just 2.2 per cent in 2016, the slowest rate of growth since the Great Recession of 2009. World gross product is projected to grow by 2.7 per cent in 2017 and 2.9 per cent in 2018, a slight downward revision from the forecasts made last May.

Launching the report at the UN Headquarters in New York, Mr. Lenni Montiel,…

Launching the first-ever Sustainable Development Goals report on the new global development agenda adopted in 2015, Secretary-General Ban Ki-moon said that the 15-year undertaking was “off to a good start” but would require all parts of the UN family and its partners to work together.

“We have embarked on a monumental and historic journey,” the Secretary-General told the UN High-level Political Forum on Sustainable Development (HLPF), which opened on 11 July and ended on 20 July 2016, at the UN Headquarters in New York.

“We must all learn, in national governments, in local authorities, in business and civil society, and also at the United Nations, to think differently,” he…

Economic activity in the world economy remains lacklustre, with little prospect for a turnaround in 2016, says UN DESA’s World Economic Situation and Prospects as of mid-2016 report, launched today. According to the report, world gross product will grow by just 2.4 per cent in 2016, the same pace as in 2015, marking a downward revision of 0.5 percentage points from UN forecasts released in December 2015.

Persistent weakness in aggregate demand in developed economies remains a drag on global growth, while low commodity prices, mounting fiscal and current account imbalances and policy tightening have further dampened prospects for many commodity-exporting economies in Africa, the…

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…

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.…