Against a backdrop of unresolved trade tensions, high international policy uncertainty and softening business confidence, the UN on Tuesday announced a broad-based slowdown in the global economy and cut its growth predictions.
While the global economy will continue to grow at a steady pace of around three percent in 2019 and 2020, that growth is expected to be uneven and may fail to reach where it is most needed. This is according to the 2019 World Economic Situation and Prospects Report, launched on Monday. Dawn Holland, Chief of the Global Economic Monitoring Branch in the UN’s Department of Economic and Social Affairs (UN DESA), spoke to UN News's Liz Scaffidi.
