Taxation

New UNCTAD analysis explores ways to unleash the landlocked nation’s economic potential through a more conducive environment for investment and businesses.

The world loses more than $2 trillion annually due to illicit trade, which drains countries of valuable resources and impedes sustainable development.

Developing countries could lose out on tax revenues due to capacity and legal constraints on the implementation of needed reforms, UNCTAD’s World Investment Report 2022 says.

By Mukhisa Kituyi, Secretary-General, UNCTAD

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

Written by Mukhisa Kituyi, Secretary-General, UNCTAD

Written by Paul Akiwumi, Director for Africa and Least Developed Countries, UNCTAD

UNCTAD’s Economic Development in Africa Report 2020 says stopping illicit capital flight could almost cut in half the annual financing gap of $200 billion that the continent faces to achieve the Sustainable Development Goals.

Under occupation, the Palestinian National Authority lacks the policy space and economic tools to deal with the massive challenge posed by the pandemic.

Written by Rashmi Banga, UNCTAD Economist