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COVID-19 drives large international trade declines in 2020

COVID-19 drives large international trade declines in 2020

9 Dec 2020
Services sector remains hardest hit by the coronavirus pandemic, dropping to levels last seen in the 1990s, nowcasts from UNCTAD's 2020 Handbook of Statistics show.
Services sector vital to COVID-19 economic recovery

Services sector vital to COVID-19 economic recovery

6 Nov 2020
By Bruno Antunes, Economist, UNCTAD
Coronavirus will cost global tourism at least $1.2 trillion

Coronavirus will cost global tourism at least $1.2 trillion

1 Jul 2020
UNCTAD estimates that for every $1 million lost in international tourism revenue, a country’s national income could drop by up to $3 million. The effects on employment could be dramatic.
Securing access to financial services for vulnerable people during COVID-19

Securing access to financial services for vulnerable people during COVID-19

1 May 2020
Written by Miho Shirotori and Bruno Antunes, UNCTAD
Coronavirus deals severe blow to services sectors

Coronavirus deals severe blow to services sectors

14 Apr 2020
Personal services sectors such as tourism, hospitality and retail at a standstill due to drastic measures taken in the fight against COVID-19.
Services key to revving up economic growth and development

Services key to revving up economic growth and development

1 May 2019
The services sector accounts for more economic activity than any other and its contribution to gross domestic product, trade and employment is ticking up.
Mission to unlock Africa's services sector

Mission to unlock Africa's services sector

1 Feb 2019
African countries must level up on their ability to measure services trade and use services to grow their economies and value chains.
Paraguay eyes services sector for growth

Paraguay eyes services sector for growth

3 Dec 2018
A burgeoning global services sector has Paraguay interested in expanding its own to create jobs and growth.
Cambodia's animators boost services exports despite barriers

Cambodia's animators boost services exports despite barriers

8 May 2018
Why does a World Trade Organization deal designed to boost service industries in least developed countries lie dormant?
For Bangladesh, burgeoning services sector holds promise

For Bangladesh, burgeoning services sector holds promise

8 Jul 2016
Hailed as a garment-exporting juggernaut, Bangladesh is diversifying into the fast-growing services sector to secure new jobs and inoculate itself from future shocks.