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Despite anticipated ‘soft landing’ of US economy, UNCTAD warns of stalling and divergent global growth
4 Oct 2023
The Trade and Development Report 2023 projects world economic growth to slow from 3% in 2022 to 2.4% in 2023, calling for global financial reforms and more pragmatic policies to tackle pressing challenges.
Asia-Pacific partnership creates new ‘centre of gravity’ for global trade
15 Dec 2021
A new free trade agreement, covering a third of the world economy, will eliminate 90% of tariffs among 15 East Asian and Pacific countries and is expected to boost intraregional exports by $42 billion.