Economic Development

UN provides entrepreneurship training for young people in the Philippines

The United Nations is providing training for young people to become entrepreneurs in the Philippines as a way to reduce poverty and stop the labour force from migrating to other countries.

UN labour chief: world economy should focus more on needs of society

The head of the United Nations labour agency today told a major work forum that the world economy has focussed too much on finance and too little on the needs of society.

Impact of jobs crisis on youth among issues on agenda of UN labour conference

Nearly 5,000 delegates today kicked off a United Nations forum in Geneva focusing on the global jobs crisis and its impact on youth, as well as social protection and rights at work.

Unemployed African youth to benefit from UN-backed finance programme

Some 200,000 low-income youth in sub-Saharan Africa will benefit from a United Nations-backed initiative announced today to increase access for them to financial services in a region where youth unemployment rates are two to three times that of adults.

Experts at UN-backed meeting stress local approach to development initiatives

Development models that harness the potential of specific areas can help solve the problem of regional disparities in social advancement in the world’s poorest countries, according to experts attending a United Nations-convened forum on local development.

African youth get once-in-a-lifetime chance to watch World Cup final – UN

Twenty young Africans will get the chance of a lifetime to watch the final match of the soccer World Cup in South Africa today, thanks to a United Nations-backed scheme seeking to raise awareness of how young people can help to combat urban poverty.

Smallholders, rural producers key to slashing global hunger and poverty – Ban

Smallholders and rural producers have a vital role to play in overcoming global hunger and poverty, and new and varied partnerships are needed, with particular emphasis on the interests of women, Secretary-General Ban Ki-moon said today.

UN welcomes new tariff cuts in Asia

Hailing new tariff reductions announced by six Asian countries that include three of the region’s largest economies, China, India and the Republic of Korea, the United Nations said today it looked forward to even deeper cuts.

Cutting red tape key to improved trade among Asia-Pacific nations, says UN

Cutting red tape to reduce complex transaction costs is the key to unlocking significant benefits from international trade for economies in Asia and the Pacific, according to a new report from the United Nations and the Asian Development Bank (ADB).

Senior UN officials urge donors to fund feeding schemes for one billion hungry

Urging world leaders to boost efforts to help the record number of hungry people around the world, top United Nations officials today underscored the need to prioritize immediate food aid for the one in six of the global population who are malnourished.