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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6af8ebcbbe759
DTSTART:20221202T150000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20221202T170000Z
LOCATION:UNHQ New York\, United States of America
SUMMARY:Briefing for Member States: the State of the Global Economy
CLASS:PUBLIC
DESCRIPTION:Following the rapid but uneven recovery from the Covid-19 shock
 \, a series of supply-side shocks\, waning consumer and investor confidenc
 e and the war in Ukraine have provoked a global slowdown and triggered inf
 lationary pressures.The world economy appears to be heading towards a glob
 al recession and prolonged stagnation unless we quickly change the current
  policy course of monetary and fiscal tightening in advanced economies.All
  regions are affected\, but alarm bells are ringing most for developing co
 untries\, many of which are facing serious debt distress and some edging c
 loser to debt default. Climate stress is also intensifying\, with mounting
  loss and damage in vulnerable countries who lack the fiscal space to deal
  with disasters\, let alone invest in their own long-term development.Prog
 rammeModerator:• Ms. Chantal Line Carpentier\, Chief\, New York Office\,
  UNCTADIntroductory remarks:• Mr. Richard Kozul-Wright\, Director Global
 ization Division\, UNCTAD Geneva• H.E. Mr. Osama Abdelkhalek Mahmoud\, P
 ermanent Representative of Egypt to the UN\, New York• H.E. Mr. Munir Ak
 ram\, Permanent Representative of Pakistan to the UN\, New YorkUNCTAD Brie
 fing:• Mr. Jeronim Capaldo\, Economist\, Globalization Division\, UNCTAD
  Geneva • Ms. Orsola Costantini\, Economist\, Globalization Division\, 
 UNCTAD Geneva Respondent:• H.E. Mr. Pedro Luis Pedroso Cuesta\, Permane
 nt Representative of Cuba to the UN\, New York &lt\;p&gt\;Following the r
 apid but uneven recovery from the Covid-19 shock\, a series of supply-side
  shocks\, waning consumer and investor confidence and the war in Ukraine h
 ave provoked a global slowdown and triggered inflationary pressures.&lt\;/
 p&gt\;&lt\;p&gt\;The world economy appears to be heading towards a global 
 recession and prolonged stagnation unless we quickly change the current po
 licy course of monetary and fiscal tightening in advanced economies.&lt\;/
 p&gt\;&lt\;p&gt\;All regions are affected\, but alarm bells are ringing mo
 st for developing countries\, many of which are facing serious debt distre
 ss and some edging closer to debt default. Climate stress is also intensif
 ying\, with mounting loss and damage in vulnerable countries who lack the 
 fiscal space to deal with disasters\, let alone invest in their own long-t
 erm development.&lt\;/p&gt\;&lt\;p&gt\;&lt\;strong&gt\;Programme&lt\;/stro
 ng&gt\;&lt\;/p&gt\;&lt\;p&gt\;Moderator:&lt\;br&gt\;• Ms. Chantal Line C
 arpentier\, Chief\, New York Office\, UNCTAD&lt\;/p&gt\;&lt\;p&gt\;&lt\;br
 &gt\;Introductory remarks:&lt\;br&gt\;• Mr. Richard Kozul-Wright\, Direc
 tor Globalization Division\, UNCTAD Geneva&lt\;br&gt\;• H.E. Mr. Osama A
 bdelkhalek Mahmoud\, Permanent Representative of Egypt to the UN\, New Yor
 k&lt\;br&gt\;• H.E. Mr. Munir Akram\, Permanent Representative of Pakist
 an to the UN\, New York&lt\;/p&gt\;&lt\;p&gt\;&lt\;br&gt\;UNCTAD Briefing:
 &lt\;br&gt\;• Mr. Jeronim Capaldo\, Economist\, Globalization Division\,
  UNCTAD Geneva&amp\;nbsp\;&lt\;br&gt\;• Ms. Orsola Costantini\, Economis
 t\, Globalization Division\, UNCTAD Geneva&amp\;nbsp\;&lt\;/p&gt\;&lt\;p&g
 t\;&lt\;br&gt\;Respondent:&lt\;br&gt\;• H.E. Mr. Pedro Luis Pedroso Cues
 ta\, Permanent Representative of Cuba to the UN\, New York&lt\;/p&gt\;&lt\
 ;p&gt\;&amp\;nbsp\;&lt\;/p&gt\;\n\nView meeting on unctad.org\nhttps://unc
 tad.org/meeting/briefing-member-states-state-global-economy
DTSTAMP:20261114T231627Z
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