News

Now more than ever, civil society groups should define what the recovery from the coronavirus should look like and who it should serve.

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.

The former vice president of Costa Rica is the first woman and Central American to serve as UNCTAD’s secretary-general.

The event is the UN’s first major conference on trade and development amid the coronavirus pandemic and will help shape policy responses for a better recovery from COVID-19.

By Isabelle Durant, Acting Secretary-General, UNCTAD

The economic and health crisis triggered by COVID-19 has put vulnerable consumers in a more precarious situation, leaving them unable to pay for essential household expenses.

Economic losses are mounting in developing countries due to the absence of widespread COVID-19 vaccinations.

The report suggests that the COVID-19 pandemic set off a further crisis in early 2020 that is expected to be deeper and more consequential in many countries than the Global Financial Crisis of 2008/2009.

UNCTAD launches a new course to help ports around the globe keep ships moving and goods flowing while protecting workers during the current and future pandemics.