The United Nations World Economic Situation and Prospects 2013 released on the 18th reported that world economic growth is likely to remain depressed in 2013. It is expected that the global economy will grow by 2.4% in 2013 and will face another recession in the next two years. risk. ...
The World Economic Situation and Prospects 2013 released by the United Nations on the 18th said that world economic growth is likely to remain depressed in 2013. It is expected that the global economy will grow by 2.4% in 2013 and will face the risk of another recession in the next two years. . The United Nations Department of Economic and Social Affairs held a press conference at the United Nations Headquarters in New York on the same day. The report said that after the world's economic growth has weakened significantly in 2012, it is likely to remain depressed in the next two years. It is estimated that the global economy will grow by 2.4% in 2013 and 3.2% in 2014, which is a significant downward revision compared with the mid-year outlook report half a year ago.
The report emphasizes that the weakness of the major developed economies is the root cause of the global economic slowdown. Most developed economies, especially those in Europe, have fallen into a vicious circle of high unemployment, fragile financial systems, rising sovereign debt risks, fiscal austerity and low growth; the US economy is expected to decline in 2013 after a sharp slowdown in 2012. Growth will remain weak; Japan will not be able to escape deflation in 2013.
The report said that the economic difficulties of Europe, the United States, and Japan are affecting developing countries, leading to a decline in demand for developing countries' exports, and increased capital flows and price volatility. At the same time, larger developing economies also face domestic problems, such as reduced investment demand. In short, the global economic outlook for the next two years is still grim, full of huge uncertainties and downside risks. Robert Worth, head of the report writing team and director of the Development Policy Analysis Division of the United Nations Department of Economic and Social Affairs, warned that the eurozone crisis is intensifying, the US “fiscal cliff†or the “hard landing†of emerging economies may trigger a new round of global decline.
The report pointed out that many European economies and the entire Eurozone are already in recession. It is expected that the Eurozone economy will grow by 0.3% in 2013 and 1.4% in 2014. Although it has recovered slightly from the 2012 recession of 0.5%, it is still very Weak. The US economy was significantly weak in 2012, and the outlook for 2013 and 2014 is still bleak. It is expected that the US gross domestic product (GDP) will further slow down by 2.1% in 2012, hovering around 1.7%. In addition, the Japanese economy is expected to grow by 0.6% and 0.8% in 2013 and 2014, respectively, down from 1.5% in 2012.
The report shows that the average economic growth rate in East Asia is expected to pick up on the basis of 5.8% in 2012, reaching 6.2% in 2013, of which China's economy is expected to grow by 7.9% in 2013 and 8.0% in 2014. Led by the slightly revived Indian economy, the average GDP growth rate in South Asia in 2013 is expected to be 5.0%, up from 4.4% in 2012.
The report also said that the African economy is expected to grow by 4.8% in 2013, a slight slowdown from 5.0% in 2012; the average GDP growth rate in West Asia will fall from 6.7% in 2011 to 3.3% in 2012 and 2013; Latin America The average GDP growth rate in 2013 and Caribbean countries is expected to reach 3.9%, up from 3.1% in 2012; the CIS economy, including Russia, is expected to grow by 3.8% in 2013, which is basically the same as in 2012, including Russia. The economy is expected to grow by 3.6%.
The United Nations World Economic Situation and Outlook Report was jointly released by the United Nations Department of Economic and Social Affairs, the Trade Development Conference and the five regional economic and social committees of the United Nations in January. It is one of the important economic reports issued by the United Nations, and will be based on the first half of the year. The report was revised and updated in the new economic situation. The content released on the same day is the first chapter of the "World Economic Situation and Prospects 2013" "Global Economic Outlook", and the rest will be released in January 2013.
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