Economic Development

Nearly two-thirds of global workforce in the ‘informal’ economy – UN study

More than 61 per cent of the world’s employed population – two billion people – earn their livelihoods in the informal sector, the United Nations labour agency said on Monday, stressing that a transition to the formal economy is critical to ensure rights’ protection and decent working conditions.

Make mine Darjeeling: Locally identified foods promote sustainable development, UN study finds

Not just any peppers, but white Penja peppers, grown in volcanic soil in the Cameroon; not just any cabbage, but Futog cabbage, cultivated alongside the Danube in Serbia. The rising number of products with a specific and certified geographic origin, it turns out, not only have cachet among gourmands: they are also providing large economic and social benefits to rural areas and can foster sustainable development, according to a new study released by the UN agriculture agency.

At development financing forum, top UN officials urge breakaway from ‘short-termism’

The United Nations will support countries’ path to sustainable development by brokering partnerships, pursuing innovative finance, leveraging resources and building the necessary capacities, senior officials said Monday, highlighting the need for a change of mind-set from “short-termism” to long-term investments. 

A bio-based, reuse economy can feed the world and save the planet – UN agency

Transforming pineapple skins into product packaging or using potato peels for fuel may sound far-fetched, but such innovations are gaining traction as it becomes clear that an economy based on cultivation and use of biomass can help tackle pollution and climate change, the United Nations agriculture agency said on Friday.

UN-sponsored group tightens controls on spread of crop-attacking pests

With an estimated $220 billion of the global harvest lost to plant pests each year, the agency charged with fighting this scourge has adopted new standards and measures to safeguard  internationally traded  agricultural and forestry products.

Upswing in global growth won’t last forever; IMF says world must prepare now for leaner times ahead

While the world economy continues to show broad-based momentum, a new report released Tuesday by the International Monetary Fund (IMF) is warning that there may be choppy seas ahead, caused by increasing protectionism or tit-for-tat trade wars.

Global anxiety deepens over online data and privacy protection – UN agency

Internet users worldwide are becoming more worried about their privacy online and many question the protections offered by Internet and social media companies, a new United Nations survey has found.

Short-sighted investment endangers development progress for hundreds of millions of people – UN report

While a moderate upturn in the world economy led to more development financing in 2017, a new United Nations report out Friday revealed that the vast majority of investment is still short-term oriented, putting global commitments to create sustainable economies at risk.

At Asian forum, UN chief calls for more equitable globalization, urgent action on climate change

The world must act to spread the benefits of globalization more fairly while avoiding the perils of protectionism, the United Nations chief said on Tuesday.

UN population forum urged to examine ways to protect people on the move, make cities work better

A great migration of humanity into cities is under way, and with millions drawn to urban areas for the promise of a better life, the main United Nations forum on population opened its annual session on Monday examining ways to protect people on the move and help create cities that can embrace the massive number of new arrivals.