Tag: UNCTAD
Global Growth Slows to 2.6% in 2025 Amid Trade and Financial...
UNCTAD's 2025 report predicts global growth at 2.6%, highlighting rising financial volatility, trade slowdowns, and the urgent need for reforms to support developing economies.
Artificial Intelligence; Urgent Action Needed to Avoid Widening Inequality
Artificial Intelligence (AI) is poised to become a $4.8 trillion global market by 2033—roughly the size of Germany's economy. However, unless immediate...
Power and Pitfalls of Tariffs in Global Trade
Tariffs have become a focal point in global headlines as major economies impose or threaten them. While often viewed as geopolitical weapons,...
Food Insecurity; Trade Can Prevent Hunger and Famine
Food insecurity is at an all-time high, undoing decades of progress in the fight against hunger. Over 280 million people globally face...
Rethinking Global Development Strategies
The United Nations Conference on Trade and Development (UNCTAD) has urged for a fundamental rethinking of global development strategies as slow growth,...
Decline in Global Foreign Direct Investment
Global Foreign Direct Investment (FDI) decreased by 2% in 2023, driven by geopolitical tensions and economic slowdown, according to the latest UNCTAD report. The decline highlights the need for enhanced investment facilitation and sustainable finance to support global development goals.
Economic Recovery Could Take Decades in Gaza: UN
Explore the aftermath of the Gaza war as UNCTAD unveils a stark reality – an economic crisis requiring urgent global action. Delve into the report's insights on GDP loss, recovery challenges, and the looming socioeconomic crisis
Surging Remittances; A Lifeline for Developing Economies
Remittances, a crucial financial support system for millions in developing economies, surged to nearly $800 billion in 2022. Approximately 80% of these funds, sent by migrants to their home countries, were directed towards low and middle-income nations.
Bridging the Gap: Policies for Global Renewable Energy Transition
While two-thirds of countries globally have enacted dedicated policies for renewable energy, the report unveils a stark contrast. Only half of least developed countries (LDCs) and a third of small island developing states (SIDS) have implemented such policies, said the United Nations Conference on Trade and Development (UNCTAD) in its latest Investment Policy Monitor.
UNCTAD Warns of Diverging Global Growth
The global economy stands at a pivotal moment, marked by a stark contrast between thriving and struggling economies, according to the United Nations Conference on Trade and Development (UNCTAD). In Trade and Development Report 2023, UNCTAD forecasts a slowdown in world economic growth from three percent in the previous year to 2.4 percent in 2023, with limited signs of recovery in 2024.
