News

Good policy choices and actions will make the difference in steering technological change towards economic recovery and development outcomes that leave no one behind.

A new approach is needed for countries to better harness data as a global public good.

Large power imbalances stalk the growing digital economy as major platforms reinforce their positions in the global data value chain.

Without better state capacity – ability to accomplish policy goals – the world’s poorest countries will remain on the margins of the global economy.

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.

By Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD

Entrepreneurship can mean more freedom for women according to the first Latin-American advocate of eTrade for All, an initiative developed by UNCTAD to expand and promote the digital economy, especially in low and middle-income countries.

Government reforms and initiatives in response to an UNCTAD assessment of the Himalayan nation’s eTrade readiness have allowed businesses to capitalize on COVID-19-induced online opportunities.

The British Standards Institution and the Economic Research Institute for ASEAN and East-Asia have joined the eTrade for all initiative.