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Services are powering growth. Here’s how developing nations can catch up

Services are powering growth. Here’s how developing nations can catch up

The rise of services prompts developing countries to look beyond manufacturing-led exports and enable productivity growth across the economic system.

Developing economies surpass $1 trillion mark in digitally deliverable services exports

Developing economies surpass $1 trillion mark in digitally deliverable services exports

The milestone is an encouraging sign and a clarion call for greater efforts to help ensure that digital trade benefits all for inclusive development.

The reshaping of global trade: How developing countries can strategize

The reshaping of global trade: How developing countries can strategize

A continued slump in goods trade. An evolving technological landscape. The Global South is gaining weight. A rethink of development strategies is both timely and timeless.

UNCTAD calls for a ‘rethink’ of development strategies amid global economic slowdown and rising social discontent

UNCTAD calls for a ‘rethink’ of development strategies amid global economic slowdown and rising social discontent

Multilateral action and strategic policy shifts are key to helping countries achieve sustainable development and navigate the risks and opportunities of a new growth era.

Global growth stagnates at 2.7%, too weak to curb inequality, climate change and discontent

Global growth stagnates at 2.7%, too weak to curb inequality, climate change and discontent

UN Trade and Development (UNCTAD) calls for urgent policy shifts to reverse rising inequality, stagnant wages, and jobless growth, particularly in developing countries.

Creative economy booms, with services leading the growth

Creative economy booms, with services leading the growth

Creative services have grown by 29% since 2017, reaching $1.4 trillion in exports in 2022, as digital tools like AI continue to transform the sector.

Digital trade fuels Asia-Pacific’s growth, but progress is uneven

Digital trade fuels Asia-Pacific’s growth, but progress is uneven

In a new report, UN agencies call for stronger policy coordination and capacity-building to ensure digital trade leads to inclusive development in the region.

Remittances: Boosting the impact on poverty reduction through consumer protection

Remittances: Boosting the impact on poverty reduction through consumer protection

UNCTAD recommends five key consumer protection measures to maximize the poverty-reducing power of the money migrants send home.

Digitally deliverable services boom risks leaving least developed countries behind

Digitally deliverable services boom risks leaving least developed countries behind

UNCTAD steps up advocacy for global support to help vulnerable economies leverage digital trade for inclusive and sustainable development.