ESCAP

‘Historic’ accord at UN forum moves Asia-Pacific countries towards regional economic community

Thirty-six Asia-Pacific nations unanimously adopted a landmark declaration at a United Nations forum of ministers in Thailand, outlining the road map towards a regional economic community.

Asia-Pacific developing economies face low growth again in 2014, UN forecasts

Developing Asia-Pacific countries will face another year of subpar growth in 2014 due to slow recovery, policy uncertainty and protectionism in developed countries, marking the first time in two decades that their economies have grown at less than 6 per cent annually over a three-year period, according to a United Nations forecast released today.

UN regional forum urges greater cooperation among Asia-Pacific governments

Wrapping up a development policy forum in Thailand, the head of the United Nations Economic and Social Commission in Asia-Pacific (ESCAP) today called for greater economic integration and cooperation in the region to counter the growing threat posted by severe natural disasters and economic shocks.

UN reports subdued Asia-Pacific growth in 2013 as region faces developed world uncertainty

Growth in Asia-Pacific remains subdued due to the impact of persistent weaknesses and uncertainties in the developed economies, the United Nations reported today, urging Governments to implement macroeconomic policies that focus more on inclusivity and sustainable development.