A new study led by UN Trade and Development helps set the stage for major reforms to strengthen consumer protection in the African nation.
The world comes together at the United Nations, taking bold actions to protect consumers and promote fair competition in an increasingly digital and globalized economy.
Stronger competition enforcement, along with more upskilling and better infrastructure and support for start-ups are vital to ensuring the digital boom benefits all.
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The digital transformation can drive economic growth, create jobs and reduce poverty. But it also poses growing environmental challenges, while widening digital divides risk worsening existing inequalities.
A global regulatory framework centred on transparency, accountability, and inclusivity is key to unlocking the benefits of artificial intelligence for all.
By empowering and protecting consumers, countries can build a more sustainable and equitable world for present and future generations.
UNCTAD recommends five key consumer protection measures to maximize the poverty-reducing power of the money migrants send home.
The UN Trade Forum 2023 will highlight how developing countries can use trade to tackle global challenges including protecting the ocean, reducing digital and gender inequalities, and building more resilient economies.