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Written by Piergiuseppe Fortunato, UNCTAD Economist

The coronavirus pandemic hits developing countries at a time when they have already been struggling with unsustainable debt burdens for many years, as well as with rising health needs. UNCTAD calls for $1 trillion in debt relief.

UNCTAD urges competition authorities to use all their tools to combat the adverse consequences of COVID-19 in the markets.

The consequences of a combined health pandemic and a global recession will be catastrophic for many developing countries and halt their progress towards the Sustainable Development Goals.

Written by By Teresa Moreira, Head of Competition and Consumer Policies Branch, UNCTAD

Downside scenario sees a $2 trillion shortfall in global income. UNCTAD calls for coordinated policymaking to prevent a global economic meltdown.

The first Instanbul Competition Forum meets amid growing concerns about market power and wealth concentration in the hands of a few digital giants.

While competition law's logic is sound, it needs new levers to address the challenges of the modern world and help regulators and enforcers do their jobs.

Economic prospects threatened by weak support for multilateralism, tight financial conditions and trade tensions, says new UN World Economic Situation and Prospects report.