World Economic Situation and Prospects 2000

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The World Economic Situation and Prospects (WESP) is the definitive report of the United Nations on the state of the world economy. One of the most highly anticipated economic reports from the United Nations, it is jointly produced by the Department of Economic and Social Affairs, the United Nations Conference on Trade and Development and the five United Nations Regional Commissions. It provides an overview of recent global economic performance and short-term prospects for the world economy and of some key global economic policy and development issues.



Regional development and outlook

Growth of the world economy in 1999 was, on average, better than anticipated. None the less, it was also characterized by diverse outcomes across regions and countries. As economic recovery becomes more sustainable and economic prospects for a larger number of countries improve, growth is expected to be more evenly distributed in 2000 and the major imbalances in the world economy will be reduced.


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