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UNCTAD reflects on the past two years of the pandemic to derive valuable lessons for the future.
UNCTAD’s new Inclusive Growth Index shows countries’ performance across four pillars: economy, living conditions, equality and environment.
The UN trade and development body said it looked forward to working with the World Trade Organization to ensure trade drives sustainable development.
Experts propose bold policy ideas and innovative financing instruments to help developing countries build forward better.
Heads of the two UN bodies call on world trade ministers to align policy and action to achieve global food security.
Despite successive waves of COVID-19, FDI flows to the region grew for the third consecutive year, with developing economies in Asia receiving 40% of global foreign investment inflows.
The continent saw foreign direct investment rebound strongly after the fall in 2020 caused by the COVID-19 pandemic.
Investment flows to the region reached $134 billion last year, up from $88 billion in 2020. Only a few economies suffered further declines in the wake of the COVID-19 pandemic.
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.