Economic Development

Rising inequality, precarious jobs threaten progress in Eastern Europe and Central Asia – UN

One third of the Eastern European and Central Asian workforce performs precarious jobs that include informal and vulnerable jobs, while approximately $65 billion in illicit cash leaves the region annually, according to a new report launched today by the United Nations Development Programme (UNDP).

UN Assembly adopts resolution proclaiming Third Industrial Development Decade for Africa

Underlining the need for the sustainable industrialization of Africa, the United Nations General Assembly today unanimously adopted a resolution proclaiming the period 2016-2025 as the Third Industrial Development Decade for Africa.

UN agency announces world's first illegal fishing treaty now in force

The United Nations Food and Agriculture Organization (FAO) has announced that a groundbreaking international accord aimed at stamping out illegal fishing went into effect today and is now legally binding for the 29 countries and a regional organization that have adhered to it.

LDCs: UN calls for greater support to least developed countries, adopts new declaration in Turkey

A major United Nations meeting focusing on the world's least developed countries (LDCs) has closed today in Antalya, Turkey, with a call for greater support to the world's most vulnerable nations, and the adoption of an outcome document paving the way for further concrete action and progress in the years to come.

UN agricultural agency accord on illegal fishing set to enter into force

The world’s first-ever international agreement specifically targeting illegal, unregulated and unreported fishing is set to enter into force next month, the United Nations Food and Agriculture Organization (FAO) reported today, highlighting the accord’s importance in efforts to ensure sustainable fisheries and responsible fish stock management globally.

Trade slows in Asia-Pacific as economies adjust to lower global growth, says new UN report

The regional trade and investment flows in Asia and the Pacific is decelerating as the economies in the region adjust to cyclical and structural changes resulting from the global economic downturn and the expected reduction in China’s growth rate, says a new United Nations report launched today.

Youths key to strengthening agricultural sector in Africa – UN agency

Getting more African youths involved in agriculture and investing in the continent’s vulnerable small family farmers will be pivotal to improving nutritional and economic well-being in the years to come, a sensor United Nations official said today, citing water scarcity and conflict as some of the biggest challenges to achieve food security in the region by 2025.

UN agency seeks further funding for Madagascar locust control plan

A locust control programme launched in Madagascar is making progress against an invasion of the voracious insects that is threatening rice and maize crops but requires an additional $17 million for the next two phases, the United Nations Food and Agriculture Organization (FAO) said today.

Global economy improving but greater policy coordination needed, UN reports

The global economy is expected to continue to grow over the next two years, the United Nations today reported, but stronger international policy coordination is needed to steady the remaining fragility in the banking system and geopolitics which could hamper financial stability.

UN and Madagascar launch locust control campaign to avert food crisis

A locust control campaign has been launched by the United Nations and the Government of Madagascar to treat over 2 million hectares of infested areas in a bid to avert a food crisis that could affect some 13 million people in the island nation.