These are the main points from the newest report, World Economic Situation and Prospects (WESP) 2017, released on 17 January 2017.
The report features global and regional economic forecasts for 2017 and 2018, as well as risks and uncertainties in the near term. It also provides detailed analysis on international trade and international finance.
The report is produced at the beginning of each year by UN DESA, the UN Conference on Trade and Development (UNCTAD), the five UN regional commissions and the World Tourism Organisation (UNWTO).
UN DESA Voice is an insider's look at the United Nations in the area of economic and social development policy. It is produced by the Department of Economic and Social Affairs' Strategic Planning and Communications Services, with feature articles written by DESA staff.
The Division for Social Policy and Development (DSPD) is part of the Department of Economic and Social Affairs (DESA) of the United Nations Secretariat.
The Division seeks to strengthen international cooperation for social development, particularly in the areas of poverty eradication, productive employment and decent work and the social inclusion of older persons, youth, family, persons with disabilities, indigenous peoples, persons in situations of conflict and other groups or persons marginalized from society and development.
The world's economic, social and environmental challenges are ECOSOC's concern.
A founding UN Charter body established in 1946, the Council is the place where such issues are discussed and debated, and policy recommendations issued.
As such, ECOSOC has broad responsibility for some 70% of the human and financial resources of the entire UN system, including 14 specialized agencies, 9 "functional" commissions, and five regional commissions.