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World Economic Situation and Prospects Report
December 13 , 2017
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- The report is a jointly published by the United Nations Department of Economic and Social Affairs (UN-DESA), the United Nations Conference on Trade and Development (UNCTAD).
- This year report marks the 70th anniversary of the publication.
- It is the flagship report on the state of global economy.
- It states that, India is set to see the growth accelerating to 7.2% in 2018-19 and 7.4% in 2019-20, up from the 6.7% in 2017-18.
- UN-DESA is based at UN Headquarters in New York.
- It is an entity of the UN Secretariat responsible for economic, social and environmental issues.
- It promotes international cooperation in the pursuit of sustainable development.
- It helps countries individually and regionally to formulate and implement national development strategies.
- It publishes “Sustainable Development Goals Report” which is the annual assessment of global and regional progress towards the Goals.
- It is headquartered in Geneva, Switzerland.
- It is a part of the United Nations Development Group (UNDG).
- It was formed specifically to handle the problems of developing countries dealing with trade, investment and development issues.
- Other reports published by UNCTAD – Trade and Development Report, World Investment Report, The Least Developed Countries Report, Information and Economy Report, Technology and Innovation Report and Commodities and Development Report.
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