{"id":15495,"date":"2020-05-17T22:20:00","date_gmt":"2020-05-17T16:50:00","guid":{"rendered":"https:\/\/factly.forumias.com\/?p=15495"},"modified":"2020-05-17T22:20:00","modified_gmt":"2020-05-17T16:50:00","slug":"world-economic-situation-and-prospects-report","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/world-economic-situation-and-prospects-report\/","title":{"rendered":"World Economic Situation and Prospects Report"},"content":{"rendered":"\n<p><strong>News:<\/strong>World Economic Situation and Prospects(WESP) mid year 2020 Report has been released.<\/p>\n\n\n\n<p><strong>Facts:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The report is released jointly by the United Nations Department of Economic and Social Affairs(UN\/DESA), United Nations Conference on Trade and Development(UNCTAD) and the five United Nations regional commissions.<\/li><\/ul>\n\n\n\n<p><strong>Key Takeaways:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Global economy: <\/strong>It is forecast to shrink by 3.2% in 2020.<\/li><li><strong>Indian economy<\/strong>: It is projected to grow at 1.2% in 2020 followed by 5.5% growth in 2021.<\/li><li><strong>Developed economies:<\/strong> The growth will shrink to -5.0% in 2020 followed by 3.4% growth in 2021.<\/li><li><strong>Developing Economies<\/strong>: They are expected to shrink by 0.7% in 2020 followed by 5.3% growth in 2021.<\/li><\/ul>\n\n\n\n<p><strong>Additional Facts:<\/strong><\/p>\n\n\n\n<p><strong>UNCTAD:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>It is a permanent intergovernmental body established by the United Nations General Assembly in 1964.<\/li><li>It is part of the UN Secretariat and also the United Nations Development Group(UNDP).<\/li><li>It reports to the UN General Assembly and the Economic and Social Council but has its own membership, leadership, and budget.<\/li><li><strong>Headquarters<\/strong>: Geneva, Switzerland&nbsp;<\/li><li><strong>Reports<\/strong>:<ul><li>The Trade and Development Report&nbsp;<\/li><li>The World Investment Report&nbsp;<\/li><li>Technology and Innovation Report<\/li><li>Digital Economy Report.<\/li><\/ul><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News:World Economic Situation and Prospects(WESP) mid year 2020 Report has been released. Facts: The report is released jointly by the United Nations Department of Economic and Social Affairs(UN\/DESA), United Nations Conference on Trade and Development(UNCTAD) and the five United Nations regional commissions. Key Takeaways: Global economy: It is forecast to shrink by 3.2% in 2020.&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/world-economic-situation-and-prospects-report\/\">Continue reading <span class=\"screen-reader-text\">World Economic Situation and Prospects Report<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3127],"tags":[3999],"class_list":["post-15495","post","type-post","status-publish","format-standard","hentry","category-economy","tag-wesp-report","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704545619},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/15495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=15495"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/15495\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=15495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=15495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=15495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}