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Despite current world market conditions, the global

In line with stronger world trade and world tourism growth, the volume of international transport is expected to grow significantly in the coming years. While on the one hand this is a welcome sign of a healthier economy, it also comes at an cost from the associated rise in carbon dioxide (CO2) emissions from aviation and shipping (see figures 2 and 3). In 2014, total emissions from these two industries amounted to about 3.5 per cent of global emissions. If ranked as a country, international shipping and av

East Asia’s growth will also continue to be lifted by the recovery in exports, which has been driven in part by an improvement in demand from the United States and Europe. For several countries, including the Republic of Korea and Taiwan Province of China, the surge in exports has been largely attributed to the increase in global demand for electronic products. Public investment is also expected to remain strong in the Philippines, Taiwan Province of China and Thailand, as their respective Governments emb

The cyclical recovery continues. Growth outturns in the first quarter of 2017 were higher than the April WEO forecasts in large emerging and developing economies such as Brazil, China, and Mexico, and in several advanced economies including Canada, France, Germany, Italy, and Spain. High-frequency indicators for the second quarter provide signs of continued strengthening of global activity. Specifically, growth in global trade and industrial production remained well above 2015–16 rates despite re

The report indicates that despite the world entering a recession in 2009, poverty did not increase in developing nations. That is contrary to the World Bank’s own expectations. In a year-end , the Washington-based development institution warned, “Unemployment is on the rise in industrial countries and poverty is set to increase across low- and middle-income countries, bringing with it a substantial deterioration in conditions for the world’s most vulnerable.”

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