Posts filtered by tags: World Economic Situation[x]


UN Report Underscores Importance of Tourism for Economic Recovery in 2022

The important role that tourism will play in the recovery of national economies and global trade has been highlighted in the 2022 edition of the World Economic Situation and Prospects (WESP) report by the United Nations. Drawing on data from the World Tourism Organization (UNWTO), WESP underlines the sector’s importance for the world economy and particularly for developing economies, including Small Island Developing States (SIDS).
Tags: Travel, United Nations, Small Island Developing States, World Economic Situation, World Tourism Organization UNWTO WESP

UN forecasts global economic growth around 3 percent in 2019

UNITED NATIONS (AP) — The United Nations is forecasting that the global economy will grow by around 3 percent in 2019 and 2020, but says waning support for multilateralism, escalating trade disputes, increasing debt and rising climate risks are clouding prospects. The U.N.’s report on the World Economic Situation and Prospects 2019 also stresses that […]
Tags: Business, News, Nation, United Nations, Un, UNITED NATIONS AP, World Economic Situation

Africa: Most Financial Inflows Not Developmental

[IPS] Sydney and Kuala Lumpur -Recent disturbing trends in international finance have particularly problematic implications, especially for developing countries. The recently released United Nations report, World Economic Situation and Prospects 2017 (WESP 2017) is the only recent report of a multilateral inter-governmental organization to recognize these problems, especially as they are relevant to the financing requirements for achieving the Sustainable Development Goals (SDGs).
Tags: News, Africa, United Nations, Kuala Lumpur, Sydney, World Economic Situation

What's holding back the world economy?

QE and low interest rates have disproportionately created wealth in the financial sector wealth and inflated asset bubbles. It has done little for the real economy. The rules of the market need to be rewrittenSeven years after the global financial crisis erupted in 2008, the world economy continued to stumble in 2015. According to the United Nations’ report World Economic Situation and Prospects 2016, the average growth rate in developed economies has declined by more than 54% since the crisis. ...
Tags: Business, Interest Rates, Economics, Financial Crisis, Austerity, Banking, Financial Sector, Global Economy, Market turmoil, United Nations, Emerging Markets, Quantitative Easing, World Economic Situation