Economic Development

First Person: family tragedy and the UN as ‘saviour’ in Darfur

The people of the restive region of Darfur in Sudan have seen the joint United Nations and African Union peacekeeping mission (UNAMID) as a "saviour" according to a writer for UN News who grew up in Darfur.

The virus that shut down the world: Economic meltdown

With millions forced to work from home this year, offices and shops closing as part of containment measures, and travel severely curtailed everywhere, it was inevitable that the economy would suffer. In part five of our look back at 2020, we focus on the seismic effect that COVID-19 has had on the global economy.

The virus that shut down the world: The yawning gulf between rich and poor

Inequality between the rich and poor worsened during the COVID-19 pandemic and poverty increased, for the first time in decades. In part two of our series on how the virus has changed the world, we look at the ways the pandemic has pushed back efforts to create more equitable societies.

COVID-19 hits trade in Asia-Pacific, but impact ‘less bad’ than elsewhere

Despite a sharp fall in global trade in 2020 due to the coronavirus pandemic and lingering trade tensions, Asia and the Pacific is expected to perform relatively less badly than the rest of the world, the United Nations development arm in the region said on Tuesday. 

Vaccines for all, an ‘acid test’ in COVID-19 battle

Equitable distribution of COVID-19 vaccines will represent an “acid test” for the international community, the President of the UN Economic and Social Council (ECOSOC) told journalists on Wednesday, highlighting the importance of global cooperation and solidarity in beating back the disease. 

Peace dividend for Libya economy, as oil flows and Central Bank unifies exchange rate after years of deadlock

The ceasefire that halted Libya’s civil war in October has begun to pay economic dividends that should improve living standards for ordinary Libyans, with a first central bank board meeting in five years and a full resumption of oil production helping to build momentum for political change.

First glimmer of hope in decades for Black Sea and Mediterranean fish stocks

The number of fish stocks subject to overexploitation in the Mediterranean and Black Sea has fallen for the first time in decades, offering some hope that a dangerous decline can be turned around, according to a report published on Monday by the UN Food and Agriculture Organization (FAO).

Rich countries’ support for children ‘totally inadequate’: UN report

The UN Children’s Fund, UNICEF, slams the levels of financial support for children allocated by high-income countries during the pandemic as totally inadequate, in a child poverty report issued on Friday.

Developing countries raise climate ambitions to plot path out of pandemic

Developing countries are building more ambitious plans to tackle climate change, with COVID-19 stimulus packages often serving as a springboard towards a greener recovery, the United Nations Development Programme (UNDP) said on Tuesday.

Guterres spotlights ‘critical role’ of aviation in pandemic recovery, marking International Day

The UN Secretary-General has called for greater support for the aviation sector, badly hit by the COVID-19 pandemic, to allow it to better weather the global economic crisis sparked by the COVID-19 pandemic.