12/29/2022 0 Comments Turmoil 2.0.11 download![]() ![]() (Economic Commission for Africa (ECA), Economic Commission for Europe (ECE), Economic Commission for Nations Conference on Trade and Development (UNCTAD) and the five United Nations regional commissions The report is a joint product of the United Nations Department of Economic and Social Affairs (DESA), the United The WESP further details a number of more fundamental reforms to the international financial system that are needed to reduce risks of a recurrence of such a devastating crisis in the future. It recommends more forceful fiscal policy stimuli need to be taken in an internationally concerted manner in order to prevent the world economy from falling into a much deeper and more prolonged recession. The report also reviews the policy actions so far taken worldwide in response to the global financial crisis. It further assesses the impact on global economic activity, especially in developing countries. The report of 2009 analyzes in detail the evolution of the global financial crisis during 2008 and the more fundamental factors that led to its build-up. One of its purposes is to serve as a point of reference for discussions on economic, social and related issues taking place in various United Nations entities during the year. World Economic Situation and Prospects (WESP) 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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