Least developed countries (LDCs) have so far been spared from the worst effects of the health emergency, yet the fallout from the COVID-19 pandemic has taken its toll on their economies, rolling back some of the progress made towards sustainable development and possibly leading to long-term damage.

This ILO flagship report examines the evolution of real wages around the world, giving a unique picture of wage trends globally and by region. The 2020-21 edition analyses the relationship of minimum wages and inequality, as well as the wage impacts of the COVID-19 crisis.

The economic damage to developing economies triggered by COVID-19 can be transformed from a threat to global growth, into an accelerator of global prosperity.

Economic resilience requires future-oriented decision-making around income generation and protection in case of shocks. However, poverty is highly correlated with poor mental health, limiting forward-looking decision-making, thus perpetuating poverty.

There is vast literature on groups as a useful mechanism for rural development, especially for women. However, for group participation to fulfil on potential benefits to women, gender-specific constraints must be addressed.

Many governments in low- and middle-income countries see improving rural development as a way to achieve critical national development objectives: economic transformation, eradication of poverty and greater equality. A lack of finance, however, constrains the full implementation of national public policies for rural development.

This report highlights how the COVID-19 (coronavirus) crisis has impacted Nigeria’s economy. In 2020, Nigeria’s economy is expected to experience its deepest recession since the 1980s due to the COVID-19-related disruptions, notably lower oil prices and remittances, enhanced risk aversion in global capital markets, and mobility restrictions.

This study proposes a hydrogen roadmap for India through a spatio-temporal analysis of the production modes and cost of production of hydrogen from solar and wind energy till 2040.

Uganda’s real GDP grew at 2.9 percent in FY20, less than half the 6.8 percent recorded in FY19, due to the effects of the COVID-19 (coronavirus) crisis, and is expected to grow at a similar level in FY21, but downside risks are high.

Kenya’s economy has been hit hard by COVID-19, severely affecting incomes and jobs. The economy has been exposed through the dampening effects on domestic activity of the containment measures and behavioral responses, and through trade and travel disruption (affecting key foreign currency earners such as tourism and cut flowers).