The UN’s trade and development body has downgraded its global economic growth projection for 2022 to 2.6% from 3.6% due to the Ukraine war and to changes in macroeconomic policies made by countries in recent months. While Russia will experience a deep recession this year, significant slowdowns in growth are …
The UN’s trade and development body has downgraded its global economic growth projection for 2022 to 2.6% from 3.6% due to the Ukraine war and to changes in macroeconomic policies made by countries in recent months. While Russia will experience a deep recession this year, significant slowdowns in growth are …
In a statement, eight UN organizations stress that international transport and integrated supply chains are critical in recovering from COVID-19 achieving the SDGs. They call upon governments to embark on the process to review international and regional trade agreements, as deemed necessary, and ensure they contain provisions to facilitate trade …
During the Special Session of the D-8 Commission Meeting held under the chairmanship of Turkey, UNCTAD presented the key elements of the joint D-8 Organization for Economic Cooperation - UNCTAD Guiding Principles for Investment Policy making. Important agenda items regarding the forthcoming D-8 Summit Meeting were discussed. In January 2020, …
The coronavirus disease pandemic, while above all a public health crisis, has presented the African continent with unprecedented economic challenges. In order to contain cross-border transmission of the virus, countries have introduced various restrictions to cross-border and transit freight transportation. Almost all African countries have now to a differing degree …
The supply of raw materials to produce rechargeable batteries — crucial to move to cleaner energy — is uncertain, a recent report by the United Nations Conference on Trade and Development (UNCTAD) said on June 25, 2020.The report Commodities at a glance: Special issue on strategic battery and minerals, for …
As countries adopt radical measures to bring the coronavirus pandemic under control, international trade and transport systems are under tremendous stress. Early evidence shows that international trade is collapsing, threatening access to goods and critical supplies. In response, a new UNCTAD policy brief outlines a ten-point action plan to help …
The global economic recession and financial turmoil from COVID-19 are derailing implementation of the Addis Ababa Action Agenda and achievement of the Sustainable Development Goals (SDGs). Even before the pandemic, the 2020 Financing for Sustainable Development Report (FSDR) of the Inter-agency Task Force noted that there was backsliding in many …
GENEVA: Mukhisa Kituyi, secretary-general of the United Nations Conference on Trade and Development (UNCTAD), announced on Monday that one billion people have been lifted out of extreme poverty in 20 years around the world. In his report for the 14th UNCTAD scheduled for March 2016 in Peru, Kituyi noted that …
India and other developing countries that have sustained their strong growth because of domestic demand could be affected by impending recession in developed economies, a UN agency has said warning that aggressive fiscal tightening could actually worsen the problem. Calling for comprehensive financial reforms, the ‘Trade and Development Report 2011’ …
High and volatile prices for key commodities, including food products, could spark unrest in poor countries, warned the heads of the WTO and the UN Conference on Trade and Development (UNCTAD).
Premila Nazareth Satyanand Policymakers and business leaders might find it useful to leaf through UNCTAD's just-released World Investment Report 2010: Investing in a Low-Carbon Economy. Climate change, till now a
The report highlights three specific areas in which the global economy experienced systemic failures. While there are many more facets to the crisis, UNCTAD examines here some of those that it considers to be the core areas to be tackled immediately by international economic policy-makers because they can only be …
The development agenda of the United Nations Conference for Trade and Development has undergone modifications that are unfavourable for developing nations. Can the recent Accra Accord change this? How can UNCTAD be better enabled to address critical development issues?
A healthy cocktail of financial and market inclusion with an appropriate dose of required policy changes would do wonders not only for economic growth but also economic development, say V Shunmugam & Yogesh Kochhar LOBALLY, economists measure growth as the percentage by which a nation's output (GDP) has changed over …
This paper examines some important causes and challenges of the global food crisis, from a developmental perspective. Possible responses to this crisis are discussed pertaining to trade, investment and agricultural policies and measures at the national, regional and international levels. UNCTAD's potential contribution in addressing the crisis is highlighted in …
The foreign adviser, Iftekhar Ahmed Chowdhury, has urged the UN secretary general, Ban Ki-moon, to immediately establish a high- level task force to address the acute global food crisis. He made the appeal while chairing a ministerial meeting of LDCs on the eve of the inauguration of UNCTAD-XII in the …
A warning from U.N. Secretary General Ban Ki-moon on the possible consequences of the rise in global food prices, together with the plight of the world's poorest nations, dominated the start of a major U.N. trade conference Sunday in Ghana's capital. "If not handled properly, this food crisis could trigger …
