Tuesday, 8 January 2013

சேடம் இழுக்கும் ஏகாதிபத்தியப் பொருளாதாரத்துக்கு சான்று வழங்கும் ஐ.நா.அறிக்கை

In its report on the world economy issued last month, the United Nations pointed to “weaknesses in the major developed economies” as being at the root of continued “global economic woes,” with most of these economies, particularly in Europe, being “dragged into a downward spiral” as high unemployment, reduced consumption spending, continued bank risk, fiscal tightening and slower growth “viciously feed into one another.” Reports from all other major international financial institutions highlight the same processes.

According to the UN, the euro area is expected to grow by only 0.3 percent in 2013 and just 1.4 percent in 2014, after a contraction of 0.5 percent in 2012. The growth rate for the US is predicted to fall to 1.7 percent in 2013 after reaching just 2.1 percent—well below the level experienced during every other “recovery” in the post-World War II period. Japan, which experienced a contraction last quarter, is expected to grow by just 0.6 percent in 2013, after growth of 1.5 percent in 2012.
The UN report also pointed to trade figures that highlight the underlying contractionary processes in the world economy. World trade fell by 10 percent in 2009, but then rebounded significantly in 2010. However in 2011, the growth of exports started to slow and then decelerated sharply in 2012, “mainly due to declining import demand in Europe… and anemic aggregate demand in the United States and Japan.”

Link to the Report:
http://www.un.org/en/development/desa/policy/wesp/wesp_current/2013Chap1_embargo.pdf

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