The African Continental Free Trade Area (AfCFTA) could reduce COVID-19-induced growth contraction, poverty and inequality trends and spur sustainable and inclusive growth on the continent if stronger support measures targeting women, young traders and small businesses are implemented, according to UNCTAD’s Economic Development in Africa Report 2
Combining longitudinal conventional macroeconomic data with various climate-related variables, we examine macro-dynamics of income, employment, and distribution within the climate change framework by using the Global Policy Model of the United Nations.
The COVID-19 pandemic’s impact on maritime trade volumes in 2020 was less severe than initially expected but its knock-on effects will be far-reaching and could transform maritime transport, according to UNCTAD’s Review of Maritime Transport 2021.
The COVID-19 pandemic has accelerated the process of digital transformation and added urgency for Governments to respond. A key challenge is how to govern and harness the surge in digital data for the global good. It has been estimated that global Internet traffic in 2022 will exceed all the Internet traffic up to 2016.
The world’s poorest countries will remain on the margins of the global economy if States are unable to boost economic production, and the international community fails to provide more support, the UN Conference on Trade and Development (UNCTAD) warned.
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 2030 Agenda for Sustainable Development of the United Nations constitutes the most important and comprehensive global sustainable development agenda for the next decade.
As part of a plan to decarbonize its economy by 2050, the European Union is considering the introduction of a carbon border adjustment mechanism (CBAM), to reduce the risk of carbon leakage and to level the field for European industries working towards decarbonization of their production processes.
The 2021 edition of the Commodities and Development Report explores how technological development and innovation can help commodity-dependent developing countries (CDDCs) achieve economic diversification and value addition.
The crash in international tourism due to the coronavirus pandemic could cause a loss of more than $4 trillion to the global GDP for the years 2020 and 2021, according to an UNCTAD report. The estimated loss has been caused by the pandemic’s direct impact on tourism and its ripple effect on other sectors closely linked to it.
