Displaying results 1 - 9 of 9
Debt relief and productive capacities key to recovery in middle-income countries
16 Jun 2021
Solving the challenges facing this diverse group of nations, which are home to three out of four people, is critical to putting the world on a more sustainable and inclusive post-COVID-19 development path.
COVID-19 is a matter of life and debt, global deal needed
23 Apr 2020
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.
Soaring debt burden threatens global goals, experts warn
21 Nov 2019
Concerted and urgent multilateral action is needed to release developing countries from current debt traps.
Civil society calls for more honest narrative about benefits of trade
1 Jun 2018
Representatives of non-governmental organizations told UNCTAD that stopping the anti-globalization tide required a new development narrative, and franker conversations about the risks of open borders
Debt sustainability takes centre stage at Trade and Development Board
25 Sep 2015
Representatives of member States contributing to discussions at the sixty-second session of the Trade and Development Board praised UNCTAD's work on sovereign debt crises and the search for a new mechanism to deal with them.
United Nations lays down clear principles in tackling sovereign debt
29 Jul 2015
United Nations responds to sovereign debt crises by adopting principles, with UNCTAD support, that could underlie a new legal framework and regulatory mechanisms.
Sovereign Debt Workouts - Roadmap and Guide published by UNCTAD
28 Apr 2015
In an effort to help to resolve future sovereign debt crises of the sort that have tested governments from Iceland to Argentina to Greece since the global financial meltdown of 2008, UNCTAD has published a "roadmap" of steps that countries can take before and during debt restructuring.
Civil society experts make recommendations for a sovereign debt restructuring framework
6 Mar 2015
United Nations member States and experts from civil society, academia and the legal profession made recommendations on a framework for sovereign debt restructuring to the General Assembly in New York.
Legal framework for sovereign debt restructuring processes: a first step
25 Feb 2015
Member States, international organizations and financial institutions recently took part in the first working session of the United Nations Ad Hoc Committee on sovereign debt restructuring processes, organized by UNCTAD in New York.