“A global economic downturn and a lack of political leadership are a combination that could end very badly for the world’s economy”, a leading UN financial expert has warned.  In an interview with Daniel Johnson of UN News, Richard Kozul-Wright, a globalization expert and Director with the Trade and Development agency UNCTAD, gives his assessment of the “entrenched” economic factors dragging down growth.

While the global economy will continue to grow at a steady pace of around three percent in 2019 and 2020, that growth is expected to be uneven and may fail to reach where it is most needed.  This is according to the 2019 World Economic Situation and Prospects Report, launched on Monday.  Dawn Holland, Chief of the Global Economic Monitoring Branch in the UN’s Department of Economic and Social Affairs (UN DESA), spoke to UN News's Liz Scaffidi.

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