COVID-19: UNCTAD warns of ‘lost decade’ if countries adopt austerity
UNCTAD's Trade and Development Report 2020 says coordinated public action is urgently needed for a better economic recovery.
Bold public spending only way to recover better from COVID-19
Raising wages, squeezing corporate rents key to recovery from COVID-19
UNCTAD's Trade and Development Report 2020 warns that the global economy has grown more fragile, marred by deeper inequalities.
Nations to meet in Barbados to chart new path for post-coronavirus economic recovery
UNCTAD15, the UN trade and development body's fifteenth quadrennial conference, will take place under the theme “From inequality and vulnerability to prosperity for all” as the world seeks solutions for a global new normal.
Coronavirus will cost global tourism at least $1.2 trillion
UNCTAD estimates that for every $1 million lost in international tourism revenue, a country’s national income could drop by up to $3 million. The effects on employment could be dramatic.
Securing access to financial services for vulnerable people during COVID-19
Miho Shirotori and Bruno Antunes, UNCTAD
Coronavirus deals severe blow to services sectors
Personal services sectors such as tourism, hospitality and retail at a standstill due to drastic measures taken in the fight against COVID-19.
UN calls for $2.5 trillion coronavirus crisis package for developing countries
Services key to revving up economic growth and development
The services sector accounts for more economic activity than any other and its contribution to gross domestic product, trade and employment is ticking up.