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

05.02.2015GDP - international comparisons: key economic indicators
GDP International Comparisons: data and forecasts for the UK and the world's largest economies.
03.02.2015Inflation: International
Inflation: International: Harmonised Index of Comsumer Prices data on international inflation rates.
03.02.2015Exchange rates
Exchange rates: Data on the value of the pound relative to other major international currencies.
13.01.2015The Transatlantic Trade and Investment Partnership (TTIP)
A briefing on the background, negotiation process and sticking points of the proposed EU-US free trade agreement, the Transatlantic Trade and Investment Partnership.
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.

Research Papers

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

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

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 ...
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 ...
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 ...

Lords Library Notes

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.

POST Papers

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


  • 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) - papers compiled by the House of Lords Library on Bills and for debates in the Lords
  • Select Committee Reports - papers produced by all select committees of both Houses