Economic Development

Innovation continued despite COVID-19: New UN report

Despite the economic devastation wrought by COVID-19, the new technology sector continued to thrive and prosper last year, the UN’s intellectual property agency said in a new report published on Monday.

4.1 billion lack social safety net, warns UN labour agency

More than four billion people live without any welfare protection today to cushion them from crisis, the UN International Labour Organization (ILO) said on Wednesday, while highlighting how the COVID-19 crisis has pushed up government spending by some 30 per cent.

Vaccine inequity causes ‘dangerous divergence’ in COVID survival rates

The global rollout of COVID-19 vaccines is progressing at “two alarmingly different speeds”, UN agency leaders said in a statement on Friday, noting that less than two per cent of adults are fully vaccinated in most low-income countries compared to almost 50 per cent in high-‑income nations. 

 

Punishment of ‘innocent civilians’ through government sanctions must end: UN experts 

Unilateral coercive measures by some governments are denying many people around the world the right to personal development, as well as holding back sustainable national development, four independent UN human rights experts said on Wednesday. 

New ECOSOC President aims to maximize ‘reach, relevance and impact’

The role of the Economic and Social Council (ECOSOC) in promoting development has become “even more critical” as a way of guiding and informing the COVID-19 pandemic response worldwide, Collen Vixen Kelapile said on Friday, speaking for the first time as the UN body’s president. 

Fewer women than men will regain work during COVID-19 recovery: ILO 

Fewer women will regain jobs lost to the COVID-19 pandemic during the recovery period, than men, according to a new study released on Monday by the UN’s labour agency.  

Domestic workers among hardest hit by COVID crisis, says UN labour agency

Domestic workers globally have been among the hardest hit by the COVID crisis, losing more jobs and working hours than other sectors, the UN labour agency ILO said on Tuesday.

COVID crisis to push global unemployment over 200 million mark in 2022

The economic crisis caused by the COVID pandemic is expected to contribute to global unemployment of more than 200 million people next year, with women and youth workers worst-hit, UN labour experts said on Wednesday.

Amidst COVID surge, Asia-Pacific region needs ‘immediate and stronger support’ 

With the coronavirus still raging in many parts of the world, the UN’s refugee agency, UNHCR, warned on Tuesday of vaccine shortages, especially in the Asia-Pacific region, and urged “immediate and stronger support” for the global COVAX initiative for equitable access to COVID-19 vaccines, “including for refugees and asylum-seekers”. 

Use Africa’s rich heritage as ‘catalyst’ for transformation, urges Guterres 

A call to use Africa’s rich cultural and natural heritage as a catalyst for growth and transformation is “the right appeal at the right time”, the UN chief told a three-day forum on the continent’s future held online on Wednesday.