Global economy faces severe headwinds amid weak growth prospects, says UN
Report launch: World Economic Situation and Prospects as of mid-2023
Tuesday, 16 May 2023, 12:30 pm EDT
Live on UN WebTV
The report is under embargo until 16 May 2023, 12:30 pm EDT
The mid-year update of the World Economic Situation and Prospects 2023 will provide the latest assessment of the global economic situation, discuss major macroeconomic developments since the launch of the World Economic Situation and Prospects 2023 in January, and present prospects for growth in these uncertain times.
The update highlights that while the slowdown in global growth in 2023 is likely to be less severe than previously expected, against a backdrop of multiple interconnected crises and heighted macroeconomic uncertainties, monetary and fiscal policy challenges have further intensified. It further elaborates that at the moment, policymakers are facing a complex economic context, where macroeconomic policies need to be carefully calibrated to strike a balance between taming inflation, ensuring financial stability supporting economic growth and employment, and managing the consequences of international spillovers.
WHAT
Press briefing to launch World Economic Situation and Prospects as of mid-2023
WHO
Shantanu Mukherjee, Director, Economic Analysis and Policy Division, UN Department of Economic and Social Affairs
Hamid Rashid, Chief, Global Economic Monitoring Branch, Economic Analysis and Policy Division, UN Department of Economic and Social Affairs
WHEN Tuesday, 16 May 2023, 12:30 pm EDT
WHERE UN Press Briefing Room, S-237 (Live on http://webtv.un.org)
The report will be available on 16 May 2023, 12:30 pm EDT at https://www.bit.ly/wespmidyear
OR https://desapublications.un.org/
Hashtag: #WorldEconomyReport
Media contacts:
Sharon Birch, UN Department of Global Communications, birchs@un.org
Helen Rosengren, UN Department of Economic and Social Affairs, rosengrenh@un.org
EXPERT INTERVIEW OPPORTUNITIES
Global outlook
Shantanu Mukherjee, Director, Economic Analysis and Policy Division (English)
Hamid Rashid, Chief, Global Economic Monitoring Branch (English)
Grigor Agabekian, Economic Affairs Officer (Russian)
Ingo Pitterle, Senior Economic Affairs Officer (German)
Sebastian Vergara, Economic Affairs Officer (Spanish)
Zhenqian Huang, Economic Affairs Officer (Chinese)
Regional outlooks
Africa
Yasuhisa Yamamoto, Economic Affairs Officer (English)
North America
Hamid Rashid, Chief, Global Economic Monitoring Branch (English)
Ingo Pitterle, Senior Economic Affairs Officer (English, German)
East Asia
Zhenqian Huang, Economic Affairs Officer (English, Chinese)
South Asia
Danyira Perez, Associate Economic Affairs Officer (English, Spanish)
Western Asia
Yasuhisa Yamamoto, Economic Affairs Officer (English)
Europe
Ingo Pitterle, Senior Economic Affairs Officer (English, German)
Economies in transition & Commonwealth of Independent States
Grigor Agabekian, Economic Affairs Officer (English, Russian)
Latin America & the Caribbean
Sebastian Vergara, Economic Affairs Officer (English, Spanish)
