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In 2021, the global economy will bounce back with growth of 5.3%, the fastest in nearly 50 years. The rebound is, however, highly uneven along regional, sectoral and income lines, according to UNCTAD’s Trade and Development Report 2021.

The world needs more effective multilateral coordination, without which recovery efforts in advanced countries will damage development prospects in the South and amplify existing inequalities, says UNCTAD’s Trade and Development Report 2021.

UNCTAD's Trade and Development Report 2020 says coordinated public action is urgently needed for a better economic recovery.

UNCTAD's Trade and Development Report 2020 says the multilateral system needs to lend a bigger hand to developing countries given the constraints on their fiscal space.

UNCTAD's Trade and Development Report 2020 warns that the global economy has grown more fragile, marred by deeper inequalities.

Written by: Richard Kozul-Wright, Director of the Division on Globalization and Development Strategies (UNCTAD)

UNCTAD's Trade and Development Report 2019 looks at the trends and challenges in the global economy, including: trade tensions, currency movements, corporate debt, a no-deal Brexit, inverted yield curves and negative interest rates.

UNCTAD's Trade and Development Report 2019 calls for urgent action on debt relief, concessional lending and improved sovereign debt restructuring mechanisms.

UNCTAD's Trade and Development Report 2019 maintains that it is public banking that does the heavy lifting and hence public banking should be better supported for the future.

UNCTAD's Trade and Development Report 2019 makes proposals on how to regulate private capital and channel it into long-term productive investment with social and developmental public priorities. It estimates that implementing these proposals would improve resource availability in developing countries by roughly $510 billion to $680 billion a year.