We monitor global macroeconomic trends and emerging policy challenges, and produce economic forecasts for a large number of economies worldwide. We lead the production and dissemination of the World Economic Situation and Prospects (WESP) – the United Nations flagship publication on the state of the world economy. We also produce monthly briefings and regular policy papers that analyse relevant and contemporary macroeconomic policy issues and challenges worldwide.
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World Economic Situation and Prospects: March 2025 Briefing, No. 188
The near-term global trade outlook is fraught with uncertainties amid new tariffs and other trade restrictions. While recent history demonstrates that the global trading system is resilient, often adapting by finding alternative channels for sustaining commerce, policy uncertainty could hinder this process by discouraging necessary investments.
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