The World Economic Situation and Prospects 2018 has been released. It provides information on how global growth gives us the opportunity to tackle inequality, climate change and other essential topics.
- The global economy is projected to grow by 3% in 2018-2019, the highest rate recorded since 2011.
- GDP is expected to grow across all major developed economies but very few Least Developed Countries will reach the Sustainable Development Goals target of 7% GDP growth.
- There is enormous potential for renewable energy sources that still only provide 11% of global power generation even though they account for over half of all recently installed power capacity.
About The Book
The United Nations definitive report on the state of the world economy, providing global and regional economic outlook for 2018 and 2019. Produced by the Department of Economic and Social Affairs, the five UN regional commissions, the United Nations Conference on Trade and Development, with contributions from the UN World Tourism Organization.
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