Publications /
Book / Report

Back
International Jobs Report: Update 2015
November 5, 2015

The global unemployment rate is expected to increase slightly in 2016 to 5.7 percent but remain well below the peak of 6.2 percent recorded in 2009. The increase results from deteriorating growth prospects among many emerging markets and in some oil-producing countries. According to forecasts released in the IMF’s October 2015 World Economic Outlook, big increases in unemployment are expected to occur next year in Venezuela, Brazil, Argentina, and Russia.

RELATED CONTENT

  • Authors
    Aleksandr V. Gevorkyan
    August 15, 2016
    Emerging market economies (EM) as a special class of financial assets have recently been subject to two competing tales. On the one hand, there is evidence of continued financial deepening and further integration within the global financial system, while the offer of higher yields remains hard to find elsewhere. On the other hand, there are frequent bouts of fear of systemic unwinding of positions triggered by investors “exiting” EM that exhibit signs of weak or unclear macroeconomi ...
  • Authors
    Luis de la Calle
    August 1, 2016
    This policy brief argues that Mexico’s future agenda of negotiations should include three main priorities. Firstly, with the help of its NAFTA partners, Mexico should position itself as the export platform of North America to the world. Its structural changes, web of agreements, and strategic location pave the way for this. Secondly, it should insist on being invited to the negotiating table of the Transatlantic Trade and Investment Partnership (TTIP). If full participation is not p ...
  • Authors
    Youssef El Hayani
    July 29, 2016
    Recent years have witnessed several governments’ discussions about the sustainability and adequacy of the current energy strategies. The latest Conference of Parties (COP) 21, was another occasion to try to move to a binding and universal agreement on climate, with an end goal of maintaining global warming bellow 2°C. The reason is that a large portion of the international community seems to be reaching a consensus that moving from fossil fuels is becoming a pressing necessity. Yet, ...
  • Authors
    Volume 69, Issue 3
    Introduction by Rabah Arezki
    Yaw Nyarko
    July 14, 2016
    OCP Policy Center and its partners, the International Monetary Fund (IMF), and the Center for Technology and Economic Development (CTED) at the New York University are pleased to announce the publication of a Special Issue on "Food Price Volatility and its Consequences" in Oxford Economic Papers. The papers selected in this special issue were first presented in February 2014 at an international conference organized in Rabat in collaboration with the IMF's Research Department and  t ...
  • July 13, 2016
    Housing is part of the United Nations 11th Sustainable Development Goal, which is to “make cities inclusive, safe, resilient and sustainable”. One of the most important targets of such a goal is to “ensure access for all to adequate, safe and affordable housing1 and basic services and upgrade slums”. Since 2007, the world has faced rising inequality, insecurity and climate change impact. According to UN Habitat, 54% of the world´s population currently live in cities. By 2050, this n ...
  • Authors
    July 11, 2016
    The Chinese economy is rebalancing while softening its growth pace. China’s spillovers on the global economy have operated through trade, commodity prices, and financial channels. The global reach of the effects from China’s transition have recently been illustrated in risk scenarios simulated for Latin American and the Caribbean economies.  The Chinese economy is rebalancing while softening its growth pace… The weight of the Chinese economy in the global economy rose on its way t ...
  • July 07, 2016
    This podcast is performed by Cristina Barrios. As the EU shapes its new Global Strategy, the strategy for Africa is to trigger “a virtuous circle in the development-security-migration nex ...
  • Authors
    July 4, 2016
    Suriname is facing twin - external and fiscal - deficits that originated in the commodity price slump of recent years. In response, the Surinamese government started a four-pronged adjustment program in August 2015 to adapt to new circumstances. Falling commodity prices led to multiple shocks on the Surinamese economy... On the back of favorable commodity prices and appropriate domestic policies, the Surinamese economy grew at an average rate of 5% per year - amongst the highest i ...