In 2024, global employment expanded in line with a growing labour force, keeping the global unemployment rate steady at 5 per cent, similar to that of 2023. Slowing productivity growth remains a major bottleneck with respect to expanding the opportunities for decent work. On the back of stable unemployment rates, …
In 2024, global employment expanded in line with a growing labour force, keeping the global unemployment rate steady at 5 per cent, similar to that of 2023. Slowing productivity growth remains a major bottleneck with respect to expanding the opportunities for decent work. On the back of stable unemployment rates, …
As climate change intensifies, it is imperative for policymakers to address the escalating loss and damage it inflicts on vulnerable communities in developing countries. In India's Maharashtra state, these impacts are forcing rural families into life-altering decisions and migrations to work in sugarcane fields, where exploitative practices by contractors, including …
Developing countries spent a record $443.5 billion to service their external public and publicly guaranteed debt in 2022. These costs shifted scarce resources away from health, education, environment and other critical areas, the World Bank’s latest International Debt Report showed. Debt-service payments, which include principal and interest, increased by 5 …
UNCTAD’s Least Developed Countries Report 2023 calls on the global community to urgently address the critical financial challenges faced by the world’s 46 most vulnerable nations. Multiple global crises, the climate emergency, growing debt burdens, dependence on commodities and declining foreign investments into LDCs have strained their finances, jeopardizing their …
This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Sub-Saharan Africa region. Macroeconomic indicators such as population, gross domestic product and gross domestic product per capita, and where available, other indicators such as …
African cities and local governments are under increasing pressure to provide infrastructure and services to the growing population. Yet, most remain severely under-resourced, leaving them unable to make the necessary investments. This situation has been exacerbated by the struggle of African cities and municipalities to access third-party finance, including debt. …
Fourteen nations, which host more than half of the world's refugees, are paying as much in interest on external debt as it would cost to educate millions of refugee children for nearly five years, according to this new report by Save the Children calling for greater priority to be given …
Severe climate impacts are burdening countries worldwide, particularly the least developed countries and Small Island Developing States. Each disaster adds to their existing debt, hindering recovery and trapping them in an unsustainable cycle. This paper explores the need to break this cycle through existing debt relief options, covering the link …
The United Nations Trade and Development Conference (UNCTAD) in its latest Trade and Development Report Update warns that developing countries are facing years of difficulty as the global economy slows down amid heightened financial turbulence. Annual growth across large parts of the global economy will fall below the performance registered …
The International Monetary Fund (IMF) forecast in their latest World Economic Outlook published, that global growth will bottom out at 2.8 percent this year before rising modestly to around three percent in 2024, representing a 0.1 per cent fall on its January projections. Global inflation is also heading down, signalling …
This policy brief, Addressing Public Debt Challenges to Effectively Pursue the SDGs: Regional Perspectives, is jointly prepared by the five Regional Commissions of the United Nations - namely, the Economic Commission for Africa (ECA), the Economic Commission for Europe (ECE), the Economic Commission for Latin America and the Caribbean (ECLAC), …
This policy brief, Addressing Public Debt Challenges to Effectively Pursue the SDGs: Regional Perspectives, is jointly prepared by the five Regional Commissions of the United Nations - namely, the Economic Commission for Africa (ECA), the Economic Commission for Europe (ECE), the Economic Commission for Latin America and the Caribbean (ECLAC), …
The Survey, published annually since 1947, is a flagship publication produced by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). It provides analyses to guide policy discussion on the current and emerging socio-economic issues and policy challenges to support sustainable development in Asia and the …
Global public debt, the highest seen in 60 years, is causing a spike in food insecurity, according to this new report. This is especially true for low-income countries where around 60% are facing a debt crisis and debt servicing costs have gone up due to the depreciation of their currencies …
The aim of this research is to assist the African Natural Resources Management and Investment Centre (ANRC), an entity of the African Development Bank (AfDB), to meet its commitment to advise regional member countries (RMCs) on important aspects of natural resource management and to ensure nature fully supports Africa’s future …
This report looks at how debt and climate change are threatening the future of Small Island Developing States (SIDS), and suggests calls to action to help tackle these challenges. The oceans are scattered with small islands, dots on the world map that have too often been ignored. Yet they are …
This report analyses the intersection of HIV, COVID-19 and public debt in developing countries. The collision between COVID-19 and a crippling debt crisis have reversed decades of progress - putting present and future investments in health and HIV at risk. Pragmatic options to address the pandemic triad are proposed.
Developing countries — especially least developed countries (LDCs) and Small Island Developing States (SIDS) — face huge challenges in financing their current climate and nature needs. The borrowing space of LDCs and SIDS is already significantly constrained by debt, and the 70% of climate finance provided as loans to developing …
The report carries a comprehensive statistical analysis on variegated aspects of accidents and suicides in India. It offers country statistics for in-depth analysis of the factors related to accidents and suicides, and for formulation of policies for effective intervention.
Sixty per cent of low-income countries are already in or at high risk of debt distress, while the global economic and debt sustainability outlook is quickly deteriorating due to higher interest rates, higher food prices and depreciating currencies. At the same time, macroeconomic risks caused by the crises of climate …
