@article{3858736,
      author = {Vos, Robert and Kozul-Wright, Richard and Izurieta, Alex  and Kempf, Matthias},
      url = {http://digitallibrary.un.org/record/3858736},
      title = {Concerted international policy action needed to tackle  worsening global outlook},
      publisher = {UN, Department of Economic and Social Affairs,},
      abstract = {The global economic outlook has turned gloomy, very much  along the lines of the pessimistic scenario in the most  recent World Economic Situation and Prospects  (WESP) 2008.  If the US economy moves into recession this year, world  economic growth could slow to just 1.6 percent  in 2008 ,  debunking the myth of its "decoupling" from the US. This is  the consensus view. Policymakers there are trying to stave  off a recession through aggressive monetary and fiscal  policy action, but this is unlikely, by itself, to avoid  global economic distress. The presence of persistently wide  global macroeconomic imbalances complicates such unilateral  responses and highlights the urgent need for  internationally concerted policy action.},
      recid = {3858736},
      pages = {2 p. :},
      address = {[New York] :. 2008-02},
      year = {2008},
      month = {Feb},
}