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UN / WORLD ECONOMIC SITUATION AND PROSPECTS
STORY: UN / WORLD ECONOMIC SITUATION AND PROSPECTS
TRT: 2.31
SOURCE: UNTV / WORLD BANK / MINUSTAH / UNMIS
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS
DATELINE: 27 MAY 2009, NEW YORK CITY / FILE
RECENT 2009, NEW YORK CITY
1. Wide shot, exterior United Nations headquarters
27 MAY 2009, NEW YORK CITY
2. Wide shot, press conference
3. Cutaway, journalists
4. SOUNDBITE (English) Rob Vos, Director of the Development Policy and Analysis Division at Department for Economic and Social Affairs (DESA):
“Unemployment is rising and the concern there is that even if the recovery is fast, from past experience we know that unemployment recovers much less fast so high unemployment may be with us for some time to come. And we also foresee a major setback in the progress towards poverty reduction and achievement of development goals.”
5. Cutaway, journalists
6. SOUNDBITE (English) Rob Vos, Director of the Development Policy and Analysis Division at Department for Economic and Social Affairs (DESA):
“Africa will be particularly hard hit. If we just take Sub-Saharan Africa that will be negative growth, there is still positive growth in some of the northern African countries, and particularly the countries like South Africa that will see a decline in their economy in 2009. We also see a strong deceleration of growth in the fast growing economies of East Asia, China, India all will see very strong decelerations in their growth rates, although many of them will still be in positive territory. Also the oil exporters and less and less in Asia will see strong deceleration of their economic performance with negative growth on average in 2009, and Latin America, particularly a pull down by Mexico, but also Brazil will have negative growth in 2009.”
7. Wide shot, press conference
FILE – 21 AUGUST 2008, JUBA, SUDAN
8. Wide shot, people at the Juba Job Fair
9. Close up, sign reading “Juba Jobs Fair”
10. Med shot, people at the fair
FILE – UNIFEM – DATE UNKNOWN, COCHABAMBA, BOLIVIA
11. Wide shot, women working in a produce market
FILE – MINUSTAH – 17 FEBRUARY 2009, PORT-AU-PRINCE, HAITI
12. Wide shot, women working with sewing machines
13. Various shots, woman sewing
FILE – WORLD BANK – 2003, KIBERA, NAIROBI, KENYA
14. Wide shot, lady carrying mattress in slum
15. Wide shot, market
FILE – WORLD BANK – 2008, MUMBAI, INDIA
16. Zoom out, from lady in shack to city
17. Wide shot, traffic
18. Tilt up, from traffic to boy clearing drain
The United Nations Department of Economic and Social Affairs (DESA) downgraded its world economic forecast for 2009 to a 2.6 percent decline. It had previously predicted an economic shrinkage of just 0.5 percent.
The author of DESA’s “World Economic Situation and Prospects 2009” report, Rob Voss told journalists at the United Nations today (27 May) that nearly the whole world had ended up in recession.
Voss underscored that unemployment was rising and recovery in that area would take much longer. He said that from past experience it was known that unemployment recovered at a very slow pace and added that “unemployment may be with us for some time to come”.
He also forecast a “major setback in the progress towards poverty reduction and achievement of development goals”.
Voss said that Africa would be particularly hard hit; specifically countries like South Africa would see a decline in their economy in 2009. He said that the fast growing economies of East Asia, China, and India would all see very strong decelerations in their growth rates, “although many of them will still be in positive territory”. Latin America, Voss said, would see a particular pull down by Mexico, but also Brazil would have negative growth in 2009.
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