Publications

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This paper examines the process of building productive capacity in Ethiopia over the past two decades and the roles played by the state, government, the private sector, foreign firms and development partners. Productive capacity is defined broadly as the natural resource potential, accumulation of human capital and the institutions that facilitate inclusive and sustainable economic growth. This process also encompasses the nurturing modern entrepreneurial skills in the private sector and fostering innovation. The paper starts with an overview of Ethiopia's economic growth and the change in the domestic economic structure. The manufacturing sector is seen as the success of Ethiopia's Growth… Download
Date:?20 - 24 March 2017 Place: UNHQ, New York, USA
Information and documentation for the 19th session of the CDP Plenary Documents Agenda Report of the Committee for Development Policy (E/2017/33, Supplement No. 13)
عربي, 中文, English, Français, Русский, Español Opening statements Statement by Ambassador Cristi?n Barros Melet (Chile), Vice-President of ECOSOC Statement by Assistant Secretary-General Lenni Montiel, UN DESA Presentations Non-application of the LDC category the UN Development System - Teresa Lenzi Update on the LDC graduation platform - Daniel Gay Lessons learned in developing productive capacity - Matthias Bruckner Comprehensive review of the LDC criteria -… CDP Plenary 2017
The United States Federal Reserve raises its key policy rate by 25 basis points, amid continued strengthening of labour market conditions Rapid rise in inflation poses policy challenges for several developing economies in Africa, South Asia and Western Asia East Asian economies are experiencing a rebound in exports, but the trade outlook faces significant downside risks Global issues Multinational enterprises supporting jobs growth in the United States rather than diverting jobs abroad The labour market in the United States of America has exhibited a pronounced recovery since the global financial crisis, when the unemployment rate reached a peak of 10 per cent in October 2009. The… World Economic Situation And Prospects: April 2017 Briefing, No. 101
Summary: Achieving the SDGs requires an enhanced global part?nership for the mobilization of financial resources. Long-term financial flows, such as remittances, FDI and ODA, can support investments that are critical for productive employment and growth in developing countries. A review of recent trends suggests the need for a renewed commitment and enhanced efforts by the international community to support financing for sustainable development. It also points out at potential risks of debt sustainability for a few developed and some emerging economies. The Development Policy and Analysis Division at DESA has prepared a series of policy notes to review current trends in the global economy… Development Issues No. 10: International financial flows and external debt
Rising headline inflation primarily reflects higher energy prices, amid a modest recovery in global demand Stronger-than-expected fourth quarter growth in Canada, China and India Argentina and Brazil are set to emerge from recession Global issues Shifting global inflation dynamics As highlighted in the World Economic Situation and Prospects (WESP) 2017 report released in January, the trend of extremely low inflation rates has been a persistent concern for policymakers, particularly in developed economies and parts of Asia. A prolonged period of extremely low inflation can have significant adverse effects on economic activity. One of them is the increased risk of a debt-deflation spiral:… World Economic Situation And Prospects: March 2017 Briefing, No. 100
Summary: Developed countries? economic performance since the global financial crisis has been disappointing, with subdued growth, weak labour markets, low levels of investment and poor productivity growth. This combination of poor performance and constrained policy options has ignited a debate over the fundamental causes of what some call is a ?secular stagnation? in developed economies. Averting a secular stagnation scenario, with negative long term impacts over the possibility of achieving the Sustainable Development Goals, will require policies that address the short-and long-term factors behind the underlying savings-investment imbalance. The Development Policy and Analysis Division at… Development Issues No. 9: Low growth with limited policy options? Secular Stagnation ? Causes, Consequences and Cures
Bhutan is one of the 48 countries currently classified as least developed country (LDC). In line with economic growth and significant investments in social sectors, Bhutan has made rapid progress towards graduating from the LDC category. It met the graduation criteria for the first time at the triennial review in 2015 and is expected to meet the criteria again in 2018, making it eligible for a possible recommendation for graduation by the CDP. As such, there is a need to develop the economy further to make development sustainable over the long term, and to understand the implications of the removal of international support measures for LDCs. The CDP is carrying out a project to help Bhutan… Download
Summary: As indicated in the 2030 Agenda for Sustainable Development, sustained economic growth will continue to be an important objective in developing countries, especially in those where extreme poverty is widespread and income per capita remains low. This has been, however, a major challenge for many developing countries, with the exception of the first years of the 21st century, up to the financial crisis in 2008. Since then, the global economy has remained on a markedly lower trajectory and the situation has progressively deteriorated for developing countries. More than ever, developing countries need to design a policy framework to strengthen domestic fundamentals for growth and to… Development Issues No. 8: Global context for achieving the 2030 Agenda for Sustainable Development: Sustained global economic growth