World Economic Situation and Prospects (WESP)

English
Frequency
Annual
ISSN: 
2411-8370 (online)
http://dx.doi.org/10.18356/720b4d75-en
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This publication is the definitive report of the United Nations on the state of the world economy. It is jointly produced by the Department of Economic and Social Affairs, the United Nations Conference on Trade and Development and the five United Nations Regional Commissions. It provides an overview of recent global economic performance and short-term prospects for the world economy and of some key global economic policy and development issues.
 
World Economic Situation and Prospects 2016

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English
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Author(s):
UN
19 Jan 2016
Pages:
228
ISBN:
9789210576734 (PDF)
http://dx.doi.org/10.18356/5965dd03-en

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The World Economic Situation and Prospects (WESP) is the definitive report of the United Nations on the state of the world economy. One of the most highly anticipated economic reports from the United Nations, it is jointly produced by the Department of Economic and Social Affairs, the United Nations Conference on Trade and Development and the five United Nations Regional Commissions. It provides an overview of recent global economic performance and short-term prospects for the world economy and of some key global economic policy and development issues.
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  • Acknowledgements
    The World Economic Situation and Prospects 2016 is a joint product of the United Nations Department of Economic and Social Affairs (UN/DESA), the United Nations Conference on Trade and Development (UNCTAD) and the five United Nations regional commissions (Economic Commission for Africa (ECA), Economic Commission for Europe (ECE), Economic Commission for Latin America and the Caribbean (ECLAC), Economic and Social Commission for Asia and the Pacific (ESCAP) and Economic and Social Commission for Western Asia (ESCWA)). The United Nations World Tourism Organization (UNWTO) contributed to the report. The report also benefited from inputs received from the national centres of Project LINK and also from the deliberations in the Project LINK meeting held in New York on 21-23 October 2015. The forecasts presented in the report draw on the World Economic Forecasting Model (WEFM) of UN/DESA.
  • Explanatory notes
  • Executive summary
  • Global economic outlook
  • International trade
  • International finance for sustainable development
    The year 2015 has been a significant one for global cooperation in development. In September, world leaders adopted a new set of Sustainable Development Goals (SDGs) and targets as part of the 2030 Agenda for Sustainable Development. They also agreed in July on a new financing framework for achieving sustainable development, embodied in the Addis Ababa Action Agenda (AAAA) (box III.1). Earlier in March, Governments adopted a post-2015 framework on disaster risk reduction. Taken together, these new global agreements provide a comprehensive framework within which international finance should flow.
  • Regional developments and outlook
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