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.

Standard Notes

DateDescription
01.03.2013Inflation: International: Economic indicators page
UK inflation as measured by the Consumer Prices Index was 2.7% in the year to January 2013, unchanged for the fourth month in a row. The flash estimate of Eurozone inflation in the year to February 2013 was 1.8%, down from 2.0% in January.
22.02.2013GDP - International comparisons: Economic Indicators page
In Q4-2012, output in the eurozone as a whole contracted by 0.6%, while Germany and France saw their output contract by 0.6% and 0.3% respectively. UK output contracted by 0.3% in Q4-2012 compared to the previous quarter, while US output did not grow.
04.02.2013Exchange rates: Economic Indicators page
The Sterling Exchange Rate Index - a measure of the pound's value against major trading partners - fell by 1.7% in January 2012, but was 1.3% higher compared with the same period a year before. The pound was on average worth $1.60 and €1.20 in January.
24.10.2012The eurozone crisis: action taken by the European Central Bank (ECB)
This note discusses some of the 'unconventional' measures taken by the ECB in response to the euro crisis and the political controversy they have generated.
25.05.2012The eurozone crisis - rescuing Greece
Greece's long-standing public debt problem became a crisis at the start of 2010 and has since escalated to a point where it threatens the survival of the euro. This note describes the country's May 2010 and February 2012 bail-out agreements, the results of the May 2012 elections, future prospects, and implications of euro exit

Research Papers

DateDescription
06.12.2012Pakistan in 2013
2013 will be another important year for Pakistan. Federal and provincial elections will be held during the first half of the year. If, as seems increasingly likely, the Pakistan People's Party-led Government sees out its full term in office and hands over to a civilian successor, it will be the first time in Pakistan's history that this has happened. But the political and economic situation remains highly volatile and unpredictable.
13.12.2010Loans to Ireland Bill. [Bill 125 of 2010-11]
This paper on the Loans to Ireland Bill has been prepared for the Second Reading Debate on the Bill in the House of Commons. The Bill authorises the Treasury to loan up to £3.25bn to Ireland, and contains an order-making power to increase this limit subject to affirmative procedure in the Commons. It also arranges for six-monthly reporting to Parliament on the status of the loan. All Commons stages were taken on 15 December 2010.
04.06.1998GDP per capita in OECD countries: the UK's relative position
GDP per capita in OECD countries: the UK's relative position. House of Commons Library Research Paper 98/64.

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 ...

POST Papers

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

Glossary

  • Research Papers (RP) - briefings produced by the House of Commons Library on Bills, topical issues and regular statistics
  • Standard Notes (SN) - shorter, topical briefings from the Commons Library
  • Early Day Motions (EDMs) - formal motions submitted by MPs in the House of Commons
  • POST Notes - short briefing notes produced by the Parliamentary Office of Science and Technology
  • Lords Library Notes (LLN) - an occasional series of papers compiled by the House of Lords Library