World economy

This page highlights some of the current parliamentary material available on the world economy. This includes select committee reports, briefing papers on current legislation and other subjects produced by the parliamentary research services, and the latest Early Day Motions put down by MPs.

Commons Briefing Papers

DateDescription
11.11.2016GDP - International Comparisons: Key Economic Indicators
GDP International Comparisons: data and forecasts for the UK and the world's largest economies.
02.11.2016Exchange rates: Key Economic Indicators
Exchange rates: Data on the value of the pound relative to other major international currencies.
31.10.2016Inflation: International: Key Economic Indicators
Inflation: International: Harmonised Index of Comsumer Prices data on international inflation rates.
18.08.2016International comparisons of manufacturing
Manufacturing: comparisons of manufacturing in the UK and other major economies since 1970 using UN data.
02.08.2016Economic Indicators, August 2016
July 2016 saw the publication of a range of economic data covering the period immediately prior to the EU referendum, and some early indicators of the economic situation following the referendum result.
04.12.2015The Transatlantic Trade and Investment Partnership (TTIP)
A briefing on the background, negotiation process and controversial points of the proposed EU-US free trade agreement, the Transatlantic Trade and Investment Partnership (TTIP).
13.10.2015Greek debt crisis: background and developments in 2015
This briefing provides background to and analysis of developments in the Greek debt crisis, including an overview of the origins of the crisis, a review of latest developments and examines what would happen if Greece left the Eurozone.
03.03.2015Economic Indicators, March 2015
This paper features analysis of the latest UK and international economic indicators.
13.01.2015US economy: developments since the 2008/2009 recession
US economic recovery from the 2008/2009 recession has been steady as annual GDP growth averaged 2.2% between 2010 and 2013. Unemployment has been falling but the proportion of working age adults in employment remains low by historical standards. Interest rates are near 0% and the Federal Reserve has bought $4 trillion in assets to try and boost the economy. Large budget deficits have seen fiscal policy become a key political battleground, although the deficit has fallen in recent years.
21.02.2014Causes of the eurozone crisis: a summary
The causes of the eurozone crisis are summarised in this two-page overview, which examines why Greece, Ireland, Portugal, Spain and Cyprus have had to take emergency loans - or "bailouts" - from other eurozone and EU governments and the IMF.

Lords Library Notes

DateDescription
05.08.2016UK-Commonwealth Trade
This House of Lords Library briefing examines the trade relationship between the United Kingdom and other Commonwealth countries. It provides a brief overview of UK trade, including information on its largest export market and largest source of imports. It then discusses Commonwealth trade, focussing on intra-Commonwealth trade. Finally it examines UK-Commonwealth trade relations and summarises a range of recent statements and commentary pertaining to the future of those trade relationships in the context of the European Union referendum result.
07.06.2013Debate on 13 June: Government's Priorities at the G8
This Library Note provides background information about the Prime Minister's stated priorities for the G8 meeting to be held in Northern Ireland on 17-18 June: advancing trade, improving tax compliance and promoting greater transparency.

POSTnotes

DateDescription
03.10.2011An Ageing Workforce
This POSTnote examines the main challenges to the participation and productivity of older people in the workforce.

Select Committee Reports

DateDescription
14.05.2009Globalisation and its impact on Wales.
Government response. Office of the Secretary of State for Wales; Welsh Affairs Select Committee report [Commons]
27.01.2009Globalisation and its impact on Wales.
Welsh Affairs Select Committee report [Commons]

Early Day Motions

DateDescription
24.03.2009SPECIAL DRAWING RIGHTS
That this House supports the proposal of China's central bank to replace the US dollar, a currency subject to debasement by a single government, as the world's primary reserve currency ...
10.03.2009SPEECH BY THE ARCHBISHOP OF CANTERBURY
That this House commends the speech made by the Right Rev. Rowan Williams, the Archbishop of Canterbury, in Cardiff on 7 March 2009; supports his wide-ranging attack on the globalised ...
11.06.2008INFLATION IN ZIMBABWE
That this House notes that inflation has exceeded 100,000 per cent. in Zimbabwe and further notes the misery this is causing for the people of that country; therefore deplores the conduct ...

Glossary

  • Commons Briefing Papers (CBP) Papers providing in-depth and impartial analysis on every major piece of primary legislation and on other topics of public and parliamentary concern. Regular statistics papers are also published.
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POSTnotes (POST PN) - proactive four-page policy briefings from the Parliamentary Office of Science and Technology based on reviews of the research literature, interviews with stakeholders and peer review, commissioned by the POST Board
  • Lords Library Notes (LLN) - authored publications by the research section of the House of Lords Library that provide analysis of Bills, subjects for debate in the House and other issues of interest to Members.
  • Select Committee Reports - papers produced by all select committees of both Houses