Economic Development

Developing countries are facing a projected foregone income of $800 billion and battling unprecedented levels of debt distress.

UNCTAD urges countries in sub-Saharan Africa to use their vast renewable energy reserves and pool resources through regional cooperation to forge a cleaner and greener future.

Stronger fiscal measures are needed to resuscitate the global economy and support the development agenda.

UNCTAD Secretary-General Mukhisa Kituyi discusses how to rejuvenate the global economy and trade in light of the COVID-19 crisis in an interview with Didem Eryar Unlu of the Turkish newspaper Dünya.

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.

UNCTAD Deputy Secretary General Isabelle Durant joins UN partners to pledge political and logistical support to formerly warring central African countries.

African Governments should add new revenue sources to finance their development, UNCTAD warns that debt looks unsustainable in some countries.

UNCTAD and other Geneva- Trade hub agencies must find ways to harness trade and the private sector to make sure that the post-2015 strategy for helping poor countries is sufficiently supported by economic forces, experts said.​

UNCTAD’s first policy brief on the post-2015 sustainable development agenda highlights the need to reform the global economic and financial system, if the goal of eradicating poverty is to become a reality.

The interconnected nature of the global economy contributed to the financial and economic crisis, UNCTAD's Secretary-General has said, however it also can help developing countries to recover from the crisis.