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Global economy at 'critical juncture', UNCTAD economist tells UN delegates in New York
3 Oct 2012
The Director of UNCTAD's Division on Globalization and Development Strategies has warned the delegates attending the General Assembly that "misguided" steps are limiting recovery from the global slowdown. He urged measures to boost income equality so that consumer demand is stimulated.
Teamwork urged to restart global growth, all in same boat, say panellists at UNCTAD Board
19 Sep 2012
The interdependent nature of the world economy requires a coordinated effort to re-energize the faltering recovery from the global financial crisis, panellists told the UNCTAD Trade and Development Board yesterday afternoon under the agenda item on “Interdependence: Coordinating stimulus for global recovery.”
Launch of Trade and Development Report 2012: Policies for inclusive and balanced growth
13 Sep 2012
UNCTAD Report explores the links between income distribution, growth and development, arguing that inequality is neither a necessary condition for sound economic growth, nor its natural result. Pro-active fiscal and income policies to reduce income gaps influence economic growth.
Global re-balancing required says Dr. Supachai at investors forum in Hong Kong
12 Sep 2012
"No country will be spared in the case of a new financial shock in the developed countries," UNCTAD Secretary-General Supachai Panitchpakdi told the 19th CLSA Investors' Forum in Hong Kong yesterday, and warned that a renewed shock "would provoke a stream of capital flows reversals, shrinking global trade volumes and falling commodity prices with negative consequences for all."