Executive Summary
- Author: United Nations Department of Economic and Social Affairs
- Main Title: World Economic Situation and Prospects 2013 , pp iii-xii
- Publication Date: February 2013
- DOI: https://doi.org/10.18356/cc4a99e5-en
- Language: English
As foreseen in last year’s issue of this report, the world economy weakened considerably in 2012. A growing number of developed economies, especially in Europe, have already fallen into a double-dip recession, while those facing sovereign debt distress moved even deeper into recession. Many developed economies are caught in downward spiralling dynamics from high unemployment, weak aggregate demand compounded by fiscal austerity, high public debt burdens, and financial fragility.
© United Nations
ISBN (PDF):
9789210559119
Book DOI:
https://doi.org/10.18356/5b4a6ba6-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
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