UNITED NATIONS – WORLD ECONOMIC SITUATION & PROSPECTS 2006

World economic growth slowed noticeably in 2005 from the strong expansion in 2004. The world economy is expected to continue to grow at this more moderate pace of about 3 per cent during 2006. This report 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. Its main purpose is to serve as a point of reference for discussions on economic, social and related issues taking place in various United Nations entities in 2006.

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