The global economy will accelerate in 2021, though with significant variation around the world as vaccinations reduce direct costs of the pandemic as well as lockdowns and social distancing.

The World Economic Situation and Prospects Monthly Briefing is prepared by the Global Economic Monitoring Branch of UN DESA’s Economic Analysis and Policy Division.

Nevertheless, a 2021 recovery is very uncertain. China’s economy is growing strongly again, but many of the world’s richest nations may not fully rebound until 2022 at the earliest.

Special Economic Zones (SEZs) are reshaping the world economy – yet, no one is paying attention. SEZs are business parks granted legal autonomy to improve their governance. Companies operating ...

According to the World Economic Situation and Prospects (WESP) mid-2021 report, following a sharp contraction of 3.6 per cent in 2020, the global economy is now projected to expand by 5.4 per cent ...

WILL THE stagflationary forces acting on the world economy last? Throughout 2021, central banks and most economists have said that the factors causing inflation to rise and growth to slow would be ...

The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy ...

The coronavirus has crippled the world economy. Global GDP suffered its sharpest drop since the end of the second world war in 2020, millions were unemployed or furloughed, and governments pumped ...