UNCTAD

WESP 2015 Highlights Risks and Uncertainties in Global Economy [viewed]

World Economic Situation and Prospects 201510 December 2014: Global economic growth is predicted to increase by just over three percent over the next two years, according to the UN's latest World Economic Situation and Prospects (WESP) report. In 2014, the report explains, global expansion preceded at a moderate, uneven pace, due in part to legacies from the global financial crisis, geopolitical conflicts and the Ebola epidemic. The report recommends strengthening international policy coordination and aligning global macroeconomic policies to reduce risks, create productive jobs and maintain long-term economic and financial stability.

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Trade Barriers Become Development Barriers, Says UNCTAD Secretary General [viewed]

UNCTAD Secretary General Mukhisa Kituyi 2 December 2014: UN Conference on Trade and Development (UNCTAD) Secretary General Mukhisa Kituyi has welcomed the World Trade Organization (WTO) Trade Facilitation Agreement, describing it as a “landmark deal on trade” in an Op-ed. The WTO General Council adopted the Trade Facilitation Protocol of Amendment on 27 November 2014, a step that allows implementation to begin and makes the Facility operational.

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UNCTAD Report Recommends Reforms for Post-2015 Agenda in LDCs [viewed]

UNCTAD27 November 2014: Least Developed Countries (LDCs) are the “battleground on which the post-2015 development agenda will be won or lost,” according to the LDC Report 2014, titled ‘Growth with Structural Transformation: A Post-2015 Development Agenda.' The UN Conference on Trade and Development (UNCTAD) report examines how the "LDC paradox" contributed to the failure of most LDCs to meet the Millennium Development Goals (MDGs), and makes recommendations on achieving the post-2015 development agenda's goals.

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First UNEA Session Adopts Resolutions and Decisions [viewed]

Outgoing GC-27/GMEF President Hassan Abdel Hilal congratulates incoming UNEA President Oyun Sanjaasuren27 June 2014: The first session of the UN Environment Assembly (UNEA) concluded with delegates from 160 countries adopting a decision and resolutions on, inter alia: strengthening the UN Environment Programme's (UNEP) role in promoting air quality; the science-policy interface (SPI); ecosystem-based adaptation (EbA); implementation of Principle 10 of the Rio Declaration on Environment and Development; illegal trade in wildlife; chemicals and waste; and marine debris and microplastics.

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World Investment Report 2014 Outlines Business Role in Achieving SDGs [viewed]

UNCTAD24 June 2014: The UN Conference on Trade and Development (UNCTAD) released its annual World Investment Report on the sidelines of the UN Environment Assembly (UNEA) meeting in Nairobi, Kenya. The report offers an investment plan for businesses to invest in the Sustainable Development Goals (SDGs) currently being developed. It finds that implementing the SDGs in poor countries will require investment of up to US$4.5 trillion annually.

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On Its 50th Anniversary, G-77 Discusses A New World Order for Living Well [viewed]

G77logo15 June 2014: The Group of 77 (G-77) marked its 50th anniversary with a two-day summit on the theme, ‘A New World Order for Living Well.' The G-77 issued a 242-paragraph statement at the close of the summit, titled ‘Declaration of Santa Cruz: For a New World Order for Living Well,' which addresses development in the national context, South-South cooperation, global challenges and particular needs of developing countries in special situations.

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DESA Releases WESP Mid-Year Update [viewed]

UNDESA21 May 2014: The UN Department of Economic and Social Affairs (DESA) released an unedited, advance copy of its mid-year update to the ‘World Economic Situation and Social Prospects (WESP) 2014.' Growth prospects for developing economies and economies in transition have been revised downward by 1.7% while developed economies are expected to continue to recover. 

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Event: ECOSOC Global Dialogue on Financing for Development [viewed]

In accordance with UN General Assembly resolution 68/1, the Economic and Social Council (ECOSOC) will strengthen and further promote dialogue on and implementation of the financing for development (FFD) agenda, including by strengthening the special high-level meeting with the World Bank, the International Monetary Fund (IMF), the World Trade Organization (WTO) and the UN Conference on Trade and Development (UNCTAD). The Council will allocate specific time for deliberation and consideration of the follow-up to the International Conference on Financing for Development. The Global Dialogue on financing for development will convene on 14-15 April 2014.  

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DESA Launches World Economic Situation and Prospects 2014 [viewed]

UNDESA18 December 2013: The UN Department of Economic and Social Affairs (DESA) has launched the latest edition of ‘World Economic Situation and Prospects.' The 2014 report finds that global economic growth is improving but remains vulnerable, and recommends strengthening international policy coordination to promote stronger recovery and ensure sufficient resources for developing countries, as well as “countries that face large financing needs for sustainable development and poverty reduction."

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UNCTAD Report on LDCs Urges Focus on Job Creation [viewed]

UNCTAD20 November 2013: The UN Conference on Trade and Development has published its annual Least Developed Countries (LDCs) Report, which urges governments to focus on job creation by increasing investment in infrastructure, education and training to promote job growth and labor productivity.

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