Show Summary Details. Listen to the 2020 economic outlook podcast. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. The World Energy Outlook, the IEA’s flagship publication, provides a comprehensive view of how the global energy system could develop in the coming decades. World Economic Outlook, October 2020. While recovery in China has been faster than expected, the global economy… India has overtaken France and the UK to become the world’s fifth-largest economy, as per IMF’s October World Economic Outlook.. © 2020 International Monetary Fund. A Long and Difficult Ascent The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. A lot depends on the epidemiology of the virus, the effectiveness of containment measures, and the development of therapeutics and vaccines, all of which are hard to predict. But with the pandemic spreading and accelerating in Visit the Deloitte Insights economics collection. Context: The International Monetary Fund’s latest update on the World Economic Outlook. India became the world’s fifth largest economy last year, according to data from the IMF’s October World Economic Outlook. Commodity Markets Outlook, October 2020 World Bank Group (2020-10-22) Almost all commodity prices recovered in the third quarter of 2020 following steep declines earlier in the year. World Employment and Social Outlook. 12 Nov 2020 CNA:-Download PDF Here. Learn more. The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. The 2020 outlook remains very weak with medium-term recovery dependent on global economic rebound and eventual containment of the pandemic. Africa’s economic growth has stabilized at 3.4 percent in 2019 and is expected to pick up to 3.9 percent in 2020 and 4.1 percent in 2021 but to remain below historical highs. -> Click Here. The World Steel Association (worldsteel) today released an update to its Short Range Outlook (SRO) for 2020 and 2021. Sort by Free IAS Preparation by Email. 12 Nov 2020: UPSC Exam Comprehensive News Analysis. Part of: GS Prelims and GS-III – Economy. In the IMF’s estimation, in 2020, growth of India’s gross domestic product (GDP) will witness a contraction of over 10% World Economic Outlook report released. The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries. World Economic Outlook, Selected Topics 171 IMF Executive Board Discussion of the Outlook, October 2020 181 Tables Table 1.1. Dear Students, In this post, we will discuss important Environment-related reports and indices released by international organizations/NGOs since 2018-19. UPSC Preliminary 2020 Results & Answer Key || Click here for Results | ... April 27, 2017. World Economic Outlook October 2020 report titled, “A Long and Difficult Ascent” was recently released. Following the recent release of the 2017 International Comparison Program (ICP) survey for new purchasing-power-parity benchmarks, the WEO’s estimates of purchasing-power-parity weights and GDP valued at purchasing power parity have been updated. Allegedly spread by droplets produced by sneezing/coughing, or coming in contact with a human or a surface carrying the virus, COVID-19 (or CoronaVirus) has seen about 4,500 cases as of today (07th April, 2020) in India. Watch Queue Queue This is a crisis like no other, and there is substantial uncertainty about its impact on people’s lives and livelihoods. The IMF Press Center is a password-protected site for working journalists. 2017-19; 2014-15; Global Wage Report. On October 28th, the IIEP hosted a discussion of the IMF's October 2020 World Economic Outlook. Download the app More than 55-60% Success rate in 2018-19. These key questions are addressed in the World Bank’s October 2020 EAP Economic Update. This upgrade owes to somewhat less dire outcomes in the second quarter, as well as signs of a stronger recovery in the third quarter, offset partly by downgrades in some … The global growth will be 3.3% in 2019, down from 3.6% in 2018 and 4% in 2017. World Economic Outlook, October 2020 - Analytical Chapters. World Economic Outlook October 2020 report titled, “A Long and Difficult Ascent” was recently released. Calendar. ‘GDP shrank 8.6% in Q2 pushing economy into a … Dear Students, UPSC has time and again asked questions on reports and indices released by important international and national organizations in Prelims examination. Global. Aspirants must be vigorously preparing for the exam to qualify the first stage of UPSC (IAS) 2020. After 2021, global growth is expected to be moderate at 3.5% in the medium term. A significant contraction of the economy is expected for 2020 as a result of the COVID-19 pandemic, with large uncertainties as to the duration of the sanitary and economic crises. The 15th edition of the World Economic Forum’s Global Risks Report is published as critical risks are manifesting. Search for: Search. COVID-19 has delivered a triple shock to the developing East Asia and Pacific (EAP) region: the pandemic itself, the economic impact of containment measures, and reverberations from the global recession. In our latest World Economic Outlook, we continue to project a deep recession in 2020.Global growth is projected to be -4.4 percent, an upward revision of 0.8 percentage points compared to our June update. Submit it through the WEO Question Form. For some countries, data are incomplete or unavailable for certain years. Context: The International Monetary Fund’s latest update on the World Economic Outlook. India- specific observations: India retains its rank as the world’s fastest-growing major economy, tying with China. The SOs-Stenos (Grade B-Grade-I) LDCE, 2016 onwards scheduled to be notified on 16th September, 2020, has been deferred; View all . This is the 1st part of a 4-series of posts on Important Reports and Indices. The key findings of the World Economic Outlook in October 2020 are: A deep recession in 2020 – The report mentioned a projection of less severe yet deep recession in the year 2020 due to the slowdown in economic activities across the globe due to lockdown. … World Economic Outlook: Text October 2020. World Economic Outlook, October 2020: A Long and Difficult Ascent. The IMF Press Center is a password-protected site for working journalists. All rights reserved. UPSC (IAS) Prelims 2020 Exam is due on October 4. All rights reserved. The World Economic Outlook (WEO) database is available in SDMX format from our Entire Dataset page. The analysis in this chapter suggests that an initial green investment push combined with steadily rising carbon prices would deliver the needed emission reductions at reasonable transitional global output effects, putting the global economy on a stronger and more sustainable footing over the medium term. World Investment Report (WIR) 2020 titled ‘International Production Beyond the Pandemic’ was published by UNCTAD in May 2020. Key Findings of Report. Download WIR notes PDF for UPSC preparation. The World Steel Association (worldsteel) today released an update to its Short Range Outlook (SRO) for 2020 and 2021. Released by: international Monetary Fund; According to the report, Global output is projected to shrink 4.4% in 2020. Changes in World GDP Shares from Purchasing-Power-Parity Revisions 31 United Arab Emirates: In the UAE GDP is projected to contract in 2020 due to COVID-19 and lower oil production. Download WIR notes PDF for UPSC preparation. World Economic Outlook: A Long and Difficult Ascent Oct 2020. News — 22 September 2020 IEA Clean Energy Transitions Summit on 9 July will bring together countries representing vast majority of global economy. Commodity Markets Outlook, October 2020 World Bank Group (2020-10-22) Almost all commodity prices recovered in the third quarter of 2020 following steep declines earlier in the year. With Gita Gopinath, Gian Maria Milesi-Ferretti, and Malhar Nabar, Damiano Sandri, co-author of Chapter 2 and Silvia Amaro, CNBCi. Data for West Bank and Gaza are now included in the WEO. These vital resources are expected to fall sharply from 2019 levels of $1.5 trillion, dropping well below the trough reached during the global financial crisis and undoing the already lackluster growth in international investment over the past decade. World Investment Report (WIR) 2020 titled ‘International Production Beyond the Pandemic’ was published by UNCTAD in May 2020. Date October 27, 2020; Comments 0 comment [New Batch] IASbaba’s Courses- UPSC 2021 : e-CLP, ILP, AIPTS, TLP Connect- ADMISSIONS OPEN! While still showing a decline in demand for 2020, it … Read about key findings of WIR 2020 with a focus on India’s investment scenario. The global number stands at about 1.4 million cases with close to 75,000 deaths and 3,00,000 recoveries. places, many countries slowed reopening, and some are reinstating partial lockdowns. The WEO is released in April and September/October each year. In this post, we will discuss important Economy-related reports and indices released by international organizations since the 2018-19. Trends 2020; Trends 2019; Greening with jobs; Trends for women 2018; Trends 2018; Sustainable enterprises and jobs, 2017; World Social Protection Report. World Economic Outlook: A Long and Difficult Ascent Oct 2020. During May and June, as many economies tentatively reopened from the Great Lockdown, the global economy started to climb from the depths to which it had plunged in April. More than 55-60% Success rate in 2018-19. Economic Effects Sign up to receive free e-mail notices when new series and/or country items are posted on the IMF website. About Us. Data are available from 1980 to the present, and projections are given for the next two years. World Economic Outlook, 2019. The months after the release of the June 2020 World Economic Outlook (WEO) Update have offered a glimpse of how difficult rekindling economic activity will be while the pandemic surges. IMF’s World Economic Outlook –October 2020 Contact: Madan Sabnavis Chief Economist madan.sabnavis@careratings.com +91-22-6837 4433 Sushant Hede Associate Economist sushant.hede@careratings.com +91-22-6837 4348 Mradul Mishra (Media Contact) mradul.mishra@careratings.com +91-22-67543573 Disclaimer: This report is prepared by CARE … A significant contraction of the economy is expected for 2020 as a result of the COVID-19 pandemic, with large uncertainties as to the duration of the sanitary and economic crises. UPSC Prelim Test Series 2020 - Our flagship test series for UPSC Prelims. A lot depends on the epidemiology of the virus, the effectiveness of containment measures, and the development of therapeutics and vaccines, all of which are hard to predict. According to the report, Global output is projected to shrink 4.4% in 2020. Learn how to combat COVID-19 with resilience. Without further action to reduce greenhouse gas emissions, the planet is on course to reach temperatures not seen in millions of years, with potentially catastrophic implications. The months after the release of the June 2020 World Economic Outlook (WEO) Update have offered a glimpse of how difficult rekindling economic activity will be while the pandemic surges. UPSC / IAS Prelims-2020. World Economic Outlook: A Long and Difficult Ascent Oct 2020. Brazil (1) China (1) India (1) Indonesia (1) Russian Federation (1) More » Focus. World Economic Outlook, October 2020: The global economy is climbing out from thedepths to which it had plummeted during the GreatLockdown in April. Get the Deloitte Insights app. This is a crisis like no other, and there is substantial uncertainty about its impact on people’s lives and livelihoods. April World Economic Outlook projects global growth in 2020 to fall to -3 percent. Starting with the October 2020 WEO, data and forecasts for Bangladesh and Tonga are presented on a fiscal year basis. ; Highlights. World Economic Outlook - WEO: A report by the International Monetary Fund (IMF) that contains analysis and projections of the integral elements of the IMF's surveillance of economic … The document has been permanently moved. 12 Nov 2020: UPSC Exam Comprehensive News Analysis. Overview of the World Economic Outlook Projections at Market Prices 11 Table 1.1.1. View previous weekly updates. Dear Students, In this post, we will discuss important Environment-related reports and indices released by international organizations/NGOs since 2018-19. India has overtaken France and the UK to become the world’s fifth-largest economy, as per IMF’s October World Economic Outlook.. In news. April World Economic Outlook projects global growth in 2020 to fall to -3 percent. PENAFIAN : Pihak Kerajaan Malaysia dan Kementerian Perusahaan Perladangan dan Komoditi (MPIC) tidak bertanggungjawab terhadap sebarang kehilangan atau kerosakan yang dialami kerana menggunakan maklumat dalam … June, as many economies tentatively reopened from the Great Lockdown, the global economy started to climb from the depths to which it had plunged in April. If the public health response is stronger and more successful - controlling the spread of the virus in each country within two-to-three months - the outlook could be more positive, with economic recovery by the third quarter of 2020 for the US, the fourth quarter of 2020 for China and the first quarter of 2021 for the Eurozone. This is the 3rd part of a 4-series of posts on Important Reports and Indices. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. World Economic Outlook, October 2020: Spanish Foreword. Govt. 2017-19; 2014-15; Global Wage Report. Use this database to find data on national accounts, inflation, unemployment rates, balance of payments, fiscal indicators, trade for countries and country groups (aggregates), and commodity prices whose data are reported by the IMF. IMF Members' Quotas and Voting Power, and Board of Governors, IMF Regional Office for Asia and the Pacific, IMF Capacity Development Office in Thailand (CDOT), IMF Regional Office in Central America, Panama, and the Dominican Republic, Financial Sector Assessment Program (FSAP), Currency Composition of Official Foreign Exchange Reserves, Blog by Gita Gopinath: A Long, Uneven and Uncertain Ascent, COVID’s Impact in Real Time: Finding Balance Amid the Crisis, Blog: Finding the Right Policy Mix to Safeguard our Climate, Chapter 2: Dissecting the Economic Effects, Interview with Damiano Sandri, Co-author of Chapter 2, Interview with Kristalina Georgieva and Andrew Palmer, The Economist. It has a projected growth rate of 6.1 per cent for the current fiscal year, despite an almost one per cent cut in the forecast. © 2020 International Monetary Fund. Overview of the World Economic Outlook Projections 9 Table 1.2. But with the COVID-19 pandemic continuing to spread, many countries have slowed reopening and some are reinstating partial lockdowns to protect susceptible populations. World Economic Outlook October 2020 Published September 30, 2020 at 06:51AM Read more at imf.org Growth’s fundamentals are also improving, with a gradual shift from private consumption toward investment and exports. The World Economic Outlook (WEO) is a survey by the IMF staff published twice a year. Dear Students, UPSC has time and again asked questions on reports and indices released by important international and national organizations in Prelims examination. 3137. Week of Nov 30, 2020 Divergent responses to outbreak in Europe and the US . Enter your email address to subscribe to the blog followed by several Rankholders and ensure success in IAS . While still showing a decline in demand for 2020, it … World Economic Outlook October 2020 Butiran Ditulis oleh En. A. GS 1 Related B. GS 2 Related POLITY AND GOVERNANCE 1. During May and Have you read? While the swift recovery in China has surprised on the upside, the global economy’s long ascent back to pre-pandemic levels of activity remains prone to setbacks. In the IMF’s estimation, in 2020, growth of India’s gross domestic product (GDP) will witness a contraction of over 10% Economics | Mains Paper 3: Indian Economy Post date October 16, 2019; Post date Live Mint; Note4Students. The Forum now offers its experience in building purpose-driven communities in service of the extraordinary challenge and opportunity the world faces for a “Great Reset”. 4 years. Press release — 13 October 2020 IEA and NITI Aayog hold India launch of IEA Special Report on Sustainable Recovery . World Economic Outlook, October 2020: A Long and Difficult Ascent October 7, 2020 Description: The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. Mains level : Economic slowdown in India. Global flows of foreign direct investment (FDI) will be under severe pressure this year as a result of the COVID-19 pandemic. Centre unveils incentives to boost manufacturing 2. But with the COVID-19 pandemiccontinuing to spread, many countries haveslowed reopening and some are reinstating partiallockdowns to protect susceptible populations. This is the 3rd part of a 4-series of posts on Important Reports and Indices. The World Economic Forum has developed a reputation as a trusted platform for informed collaboration and cooperation between all stakeholders – reinforced by a track record of success over five decades. 10/07/2020 | 12:30pm EST *: *: * COMING SOON Chapter 2:The Great Lockdown: Dissecting the Economic Impact When: October 8, 10:00am EDT ** The chapter and live webcast will be available on this page at … Read about key findings of WIR 2020 with a focus on India’s investment scenario. Here's how technology is shaping India's workforce Why India can show us how to achieve growth with purpose What India's extraordinary growth and future can teach global leaders … Overall, expect a bumpy path for U.S. markets in the final months of 2020 as the economy comes back online, followed by a (potentially) more solid … Published in World Economic Outlook, October 2020. World Economic Outlook, October 2020: Spanish Executive Summary. The International Monetary Fund (IMF) has cut India’s Gross Domestic Product (GDP) growth forecast for 2019-20, following similar action by the Asian Development Bank (ADB) and the Reserve Bank of India (RBI).. 2020-21; 2018-19; 2016-17; 2014-15; 2012-13. When ranked by nominal GDP, the country leapfrogged France and the UK. This year’s exceptional circumstances require an exceptional approach. Subscribe now . to govern OTT platforms C. GS 3 Related ECONOMY 1. publication October 23, 2020 GCC Countries Outlook — October 2020 Bahrain: Bahrain’s economy is expected to contract in 2020 due to lower international oil prices and the spread of COVID-19. East Asia and Pacific (7) Africa (6) Europe and Central Asia (6) Latin America & Caribbean (6) Middle East and North Africa (6) More » Country. The Current Affairs questions are based on sources like ‘The Hindu’, ‘Indian Express’ and ‘PIB’, which are very important sources for UPSC Prelims Exam. West Bank and Gaza is added to the Middle East and Central Asia regional group. World Economic Outlook, October 2020: Spanish Executive Summary. International Monetary Fund’s (IMF) recently released World Economic Outlook. World Economic Outlook, October 2020 A Long and Difficult Ascent The global economy is climbing out from the depths to which it had plummeted during the Great Lockdown in April. Key Findings of Report. 2020-21; 2018-19; 2016-17; 2014-15; 2012-13. For more information about SDMX, please visit SDMX.org. Email Address . This SRO is showing a much more optimistic outlook than the previous SRO finalised in June. Context: IMF’s 2019 World Economic Outlook (WEO) has been released. 301 Moved Permanently . The World Economic Outlook (WEO) database contains selected macroeconomic data series from the statistical appendix of the World Economic Outlook report, which presents the IMF staff's analysis and projections of economic developments at the global level, in major country groups and in many individual countries.The WEO is released in April and September/October each year. Show Summary Details. Deloitte’s team of economists examines news and trends from around the world. World Economic Outlook, October 2020: Spanish Foreword. IMF Members' Quotas and Voting Power, and Board of Governors, IMF Regional Office for Asia and the Pacific, IMF Capacity Development Office in Thailand (CDOT), IMF Regional Office in Central America, Panama, and the Dominican Republic, Financial Sector Assessment Program (FSAP), Currency Composition of Official Foreign Exchange Reserves. Active Examinations. For the first time in a decade, investment accounted for more than half the World Economic Outlook, October 2020 - Analytical Chapters. For Previous Daily Quiz (ARCHIVES) – CLICK HERE. Muhammad Annizam | KPSU Terakhir dikemaskini: 18 November 2020 FaLang translation system by Faboba. What is secular stagnation? This video is unavailable. This SRO is showing a much more optimistic outlook than the previous SRO finalised in June. From UPSC perspective, the following things are important : Prelims level : WEO report. Trends 2020; Trends 2019; Greening with jobs; Trends for women 2018; Trends 2018; Sustainable enterprises and jobs, 2017; World Social Protection Report. TABLE OF CONTENTS. World Economic Outlook, October 2020: Spanish Foreword. For more details, see Box 1.1 of the October 2020 WEO. To nobody’s surprise, it says that “the global economy is projected to contract sharply by –3 percent in 2020, much worse than during the 2008–09 financial crisis.” The U.S. economy is … Go straight to smart. Additionally, medium-term projections are available for selected indicators. Why in news? World Economic Outlook, October 2020: Spanish Executive Summary. Show Summary Details. In this post, we will discuss important Economy-related reports and indices released by international organizations since the 2018-19. 0 . Have a WEO Data Question? World Employment and Social Outlook. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests. World Energy Outlook 2020 shows how the response to the Covid crisis can reshape the future of energy. This is the 1st part of a 4-series of posts on Important Reports and Indices. Fiscal and external deficits are expected to rise sharply in 2020, reversing the narrowing path observed in 2019. ECONOMIC OUTLOOK (17) GLOBAL ECONOMY (14) DEVELOPING COUNTRIES (13) More » World Bank Regions. Historical Perspective; Constitutional Provisions; The Commission; Functions ; Secretariat; Divisions; Citizen's Charter; Directory; Museum; Virtual Tour of Museum; Examination. Most Popular Articles. Next two years 's October 2020 IEA Clean Energy Transitions Summit on 9 will! International Monetary Fund ’ s exceptional circumstances require an exceptional approach COVID-19 pandemic continuing to spread, many countries reopening... Now included in the medium term ( 1 ) Russian Federation ( 1 ) China 1! Silvia Amaro, CNBCi optimistic Outlook than the previous SRO finalised in June Test series 2020 - Analytical.. From private consumption toward investment and exports eventual containment of the world Economic Outlook October 2020 - Analytical Chapters Range... 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Haveslowed reopening and some are reinstating partial lockdowns to protect susceptible populations by international organizations since the.... Upsc Prelims ( 13 ) more » focus crisis like no other, and Projections given...: in the UAE GDP is projected to contract in 2020 more than half the 12 Nov:! News Analysis haveslowed reopening and some are reinstating partiallockdowns to protect susceptible.... 55-60 % success rate in 2018-19 vast majority of global economy 2018-19 ; 2016-17 ; 2014-15 ; 2012-13 CLICK.... This year ’ s investment scenario a 4-series of posts on important reports indices! Was published by UNCTAD in May 2020 ) will be 3.3 % in the medium term and! Live Mint ; Note4Students the world economic outlook october 2020 upsc and NITI Aayog hold India launch of Special..., October 2020 IEA Clean Energy Transitions Summit on 9 July will bring together countries representing majority! And/Or country items are posted on the IMF website IMF Press Center is a password-protected site for journalists... From private consumption toward investment and exports Market Prices 11 Table 1.1.1 in 2020 Entire Dataset page Federation ( ). Projections are available for selected indicators economy post date October 16, 2019 ; post date October,!