Publications

The world continues to make advances towards the Millennium Development Goals (MDGs), despite the global economic downturn, but the rate of improvement remains too slow and countries must step up their efforts if the MDGs are to be achieved by their target date of 2015, a new United Nations report says. The annual assessment report, released today by Secretary-General Ban Ki-moon, shows that the world has made huge strides in reducing extreme poverty...

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…

The United Nations Statistical Yearbook is an annual compilation of a wide range of international economic, social and environmental statistics for over 200 countries and areas of the world, compiled from sources including UN agencies and other international, national and specialized organizations. The fifty-second issue contains data available to the Statistics Division as of June 2008 and presents them in 68 tables on topics including: agriculture; balance of payments; communication; development assistance; education; energy; environment; finance and gender.

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…

The Millennium Development Goals report presents a yearly assessment of global progress towards achieving the MDGs. It is prepared by the Statistics Division at DESA on the basis of input provided by the members of the Inter-agency and Expert Group on MDG Indicators. Less than six years away from the 2015 deadline to achieve the MDGs, this report warns that despite many successes, overall progress has been...

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…

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…

This report presents an assessment of progress, based on data available as of June 2008 on all official Millennium Development Goals (MDG) indicators, including the new ones introduced. The aggregate figures in the report provide an overall assessment of regional progress under the eight goals and are a convenient way to track advances over time.

According to the 2008 World Economic and Social Survey, economic insecurity arises from the exposure of individuals, communities and countries to adverse events, and from their inability to cope with and recover from the downside losses. The risk and threats vary from community to community; in advanced countries, they have been associated with a significant rise in inequality, a hollowing out of middle-class lifestyles and reduced welfare protection. Elsewhere, economic shocks and premature deindustrialization have raised fears of an insufficiency of the formal sector jobs needed to accommodate an expanding urban population. In still other places, food insecurity has given rise to…

In the wake of turbulence in the economic environment, the United Nations baseline forecast for world economic growth has been revised downward in line with the pessimistic scenario of World Economic Situation and Prospects 2008 published in January. The deepening credit crisis in major developed market economies, as triggered by the continuing housing slump, the declining value of the United States dollar vis-à-vis other major currencies, persisting global imbalances, and soaring oil and non-oil commodity prices are slowing growth of the global economy.

Global growth reached 3.8 per cent in 2007 but is expected to decline markedly to 1.8 per cent in 2008, with the weakness likely…

The World Economic Situation and Prospects 2008 highlights the risk of a recession in the United States and a hard landing of the global economy as a whole. The combination of a deep housing slump in the United States, continuous devaluation of the United States dollar and related increased financial turmoil could trigger an abrupt adjustment of the global imbalances, which would not only send the economy of the United States into a recession but would also lead to a hard landing for the global economy as a whole. Lessons need to be learned from the recent financial turmoil to reduce vulnerabilities to future financial stress. Responses by the central banks of the major economies have…

The year 2005 marks ten years since the General Assembly adopted the World Programme of Action for Youth in 1995. This report, an official report to the General Assembly, called for a renewed committment to the goals of the World Programme of Action, since over 200 million youth were living in poverty, 130 million youth were illiterate, 88 million were unemployed and 10 million young people were living with HIV/AIDS.

In the World Youth Report 2005, it is argued that too often, youth policy is driven by negative stereotypes of young people, including delinquency, drug abuse and violence. What seems to be forgotten is that young people are a positive force for development, peace,…