As the year 2012 ends, and we wonder what 2013 will bring, UN DESA launch a preview into their “World Economic Situation and Prospects 2013”. Being at a crossroad new even to scientists and economic specialists, it has never been more difficult to predict next year’s outcome.
Growth of the world economy has weakened considerably during 2012 and is expected to remain subdued in the coming two years, according to the World Economic Situation and Prospects 2013 (WESP), published yesterday by the United Nations. The global economy is expected to grow at 2.4 per cent in 2013 and 3.2 per cent in 2014 a significant downgrade from the UN’s forecast of half a year ago.
Globalization4U brings you a preview into the report her.
Anders, in icy Kapp, Norway