Press Invitation
United Nations Information Centre
cordially invites you to a
Round Table Discussionon
UN WORLD ECONOMIC SITUATION & PROSPECTS 2016
at 10:30 a.m. on Friday, 22 January 2016
UN Conference Hall, 55 Lodi Estate, New Delhi
The discussion will be led by
Dr. Nagesh Kumar, Economist
and Head, UN-ESCAP South and South-West Asia Office
The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report. The WESP report identifies five major headwinds for the global economy: 1. Persistent macroeconomic uncertainties; 2. low commodity prices and diminished trade flows; 3. Rising volatility in exchange rates and capital flows; 4. stagnant investment and productivity growth; and 5. continued disconnect between finance and real sector activities.
The report indicates that the challenges for policymakers around the globe are likely to intensify in the short run in view of the weaknesses in the world economy and difficult trade-offs in the areas of monetary, fiscal and exchange rate policies.
The report also shares some positive recent trends in environmental sustainability. Global energy related carbon emissions experienced no growth in 2014 for the first time in 20 years, with the exception of 2009 when the global economy contracted. This suggests the possibility that the world might start to see some de-linking between economic growth and carbon emission growth.
WESP is produced at the beginning of each year by the UN Department of Economic and Social Affairs (UN/DESA), the UN Conference on Trade and Development (UNCTAD), the five UN regional commissions and the World Tourism Organisation (UNWTO).
RSVP: unic.india@unic.org; Phone: 46532242
Please carry a Press Photo ID with you to facilitate your entry into the UN Premises;
You will have to trade the Photo ID at our security desk for the visitor’s pass; and follow standard security procedures.
| RAJIV CHANDRAN
National Information Officer United Nations Information Centre for India and Bhutan 55, Lodi Estate, New Delhi 110003 Tel: 91 11 2462 3439 |
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