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A new study by UN Trade and Development (UNCTAD) reveals critical gaps in the Pacific’s cyberlaw landscape, urging swift reforms to unlock the region’s digital potential.
UNCTAD expects global growth to slow to 2.3% this year as trade and economic policy uncertainty erode business and investor confidence.
Maritime transport moves over 80% of goods traded worldwide. Country-level seaborne trade data is vital for shaping better transport, trade and investment policies.
From protecting the environment to empowering bottom-up innovation and improving livelihoods, efforts are underway to connect the dots and accelerate progress towards prosperity for all.
Stronger policy coordination and regional trade are urgently needed, with the world economy on a recessionary trajectory, driven by escalating trade tensions and persistent uncertainty.
The latest two editions of the now monthly publication explore the role of tariffs in international trade and examine how escalating tariffs could affect small and vulnerable economies.
Already grappling with low growth and mounting uncertainty, vulnerable and small economies, whose activities have a negligible effect on trade deficits, should be exempt from new tariff hikes.
While global ODA levels remained high, the report says aid flows are under growing strain from shifting priorities and geopolitical pressures
AI’s rapid rise risks deepening divides, with development concentrated in major economies and firms. Strategic investment and inclusive global governance are key to ensuring its benefits are widely shared.
Targeted incentives, infrastructure and policy support are crucial as the continent seeks to scale up local pharmaceutical manufacturing for public health and economic security.