Economic Development

A few ‘green shoots’, but future of global trade remains deeply uncertain

Although global trade is making a frail recovery, the outlook remains uncertain, UN trade and development body UNCTAD said on Wednesday, in announcing its latest COVID-era update

Collapsing consumer demand amid lockdowns cripple Asia-Pacific garment industry

The COVID-19 pandemic has triggered government lockdowns, collapsed consumer demand, and disrupted imports of raw materials, battering the Asia Pacific garment industry especially hard, according to a new report released on Wednesday by the International Labour Organization (ILO).

‘Biocups’, electric motorcycle taxis and recycling 500 billion bottles for a sustainable Thailand: a UN Resident Coordinator blog

The private sector in Thailand has a key role to play in helping the south-east Asian country to reach poverty reduction and sustainable development goals agreed by the international community. In this blog, Gita Sabharwal, the UN Resident Coordinator in Thailand and the Chairperson of the UN Global Compact Network Thailand, Suphachai Chearavanont, explain how, despite the global COVID-19 pandemic, progress is being made towards the goals.

‘Time for global solidarity’ to overcome COVID’s health, social and economic challenges

The COVID-19 pandemic has not only led to a “dramatic loss” of human life but also constitutes an “unprecedented challenge” to public health, food systems and employment, a group of leading UN agencies said on Tuesday. 

Pandemic has forever changed online shopping, UN-backed survey reveals

The COVID-19 pandemic has forever changed the way consumers shop online, the UN trade and development body, UNCTAD, said on Thursday, announcing results of a survey of some 3,700 consumers across nine countries. 

Belarus: ‘There is no sustainable development without human rights’ - a UN Resident Coordinator blog

Belarus has been rocked by mass demonstrations, and violent state crackdowns, since the disputed August presidential election that saw Alexander Lukashenko returned to power. In this blog, Joanna Kazana-Wisniowiecki, the UN Resident Coordinator in Belarus, explains what the unrest means for the Organization.

Report outlines long road to post-COVID recovery for Latin America and Caribbean

Economic recovery from the COVID-19 pandemic in Latin America and the Caribbean will be slower than the return to productivity following the subprime mortgage crisis more than a decade ago, the head of the UN’s office for the region, ECLAC, said on Tuesday. 

Violent protests sparked by murder, bring Haiti to brink of instability, Security Council warned

Violent protests sparked by the murder of a high-profile legal scholar are threatening to push Haiti into a spiral of instability, Special Representative Helen La Lime told the Security Council on Monday, as she outlined UN efforts to help overcome the impasse engulfing the country.

Protect the world from sliding into global recession, urges UN chief

The economic and social consequences of the COVID-19 pandemic “are as bad as we feared”, the UN Secretary-General said, as he warned that the international community must act now if it is stave off a global recession, which could wipe out decades of development gains. 

UN and partners press for seafarers to be designated ‘key workers’ during COVID pandemic

The UN Secretary-General has again appealed for governments to act on behalf of hundreds of thousands of seafarers and other maritime workers stuck at sea for endless months, in some cases more than a year, due to the COVID-19 pandemic.