Publications

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Download the PDF Rising inflation hits developing countries Global inflation is rising substantially, driven by higher energy and food prices, persistent supply chain disruptions, and tight labor markets in major developed economies. In the United States, inflation has reached multi-decade highs in recent months, prompting the Federal Reserve to raise interest rates and initiate a global monetary tightening cycle. Rising inflation in the developed economies has received considerable attention. At the same time, inflation in developing countries ? generally higher and more volatile than in developed countries ? is also rising markedly and becoming more widespread as well. The return of… World Economic Situation and Prospects: May 2022 Briefing, No. 160
Report of the Committee for Development Policy (E/2022/33, Supplement No. 13) 
عربي, 中文, English, Français, Русский, Español Corrigendum (E/2022/33/Corr.1) to the Report of the Committee for Development Policy 
To reflect the correct graduation date for Bhutan 
عربي, 中文, English, Français, Русский, Español CDP excerpts on the report by theme Building back better from the coronavirus disease (COVID-19) while advancing the full implementation of the 2030 Agenda for Sustainable Development Review by the Economic and Social Council of subsidiary bodies Voluntary national reviews (VNRs) Monitoring of countries that are graduating or have graduated from the list of least…

Download the PDF Potential economic fallout from the war in Ukraine Human costs continue to mount since the beginning of the Ukraine war on 24 February 2022. By late March, at least 1,119 civilians have been killed and at least 1,790 injured while many of the victims are still not accounted for. More than 10 million Ukrainians (out of 44 million) have been forcible displaced, 4 million of them abroad and 6.5 million within the country. In addition to the humanitarian crisis in Ukraine and its direct socioeconomic impact on Ukraine?s neighbouring countries, the impact of the war has been spreading through multiple channels on the world economy. This Monthly Briefing aims to depict the… World Economic Situation and Prospects: April 2022 Briefing, No. 159
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The COVID-19 pandemic has inflicted significant damage on global economic activity, exacerbated fiscal challenges worldwide, and impeded countries? ability to respond to the pandemic and achieve the Sustainable Development Goals (SDGs). Many countries experienced downgrades of their sovereign credit ratings, higher borrowing costs, and intensified risks of debt distress. Developing countries have borne the brunt (over 95%) of credit rating downgrades, despite experiencing relatively milder economic contractions. The fear of ratings downgrades also hindered some countries? participation in official debt relief programs, such as the G20?s Debt Service Suspension… UN DESA Policy Brief No. 131: Credit rating agencies and sovereign debt: Four proposals to support achievement of the SDGs
Download the PDF Trends in net international investment positions during the pandemic The World Economic Situation and Prospects 2022 highlighted potential financial market corrections to monetary policy tightening in developed economies, particularly the United States, as a downside risk factor to the world economy. The Federal Reserve Board is expected to raise the Federal Funds Rate, its primary policy interest rate, in March this year. This monthly briefing reviews the recent trends in net international investment positions of a number of countries, and the backdrop of the impending policy rate hike and monetary tightening by the central bank of the United States. What is net… World Economic Situation and Prospects: March 2022 Briefing, No. 158
Angola Report on the preparation of a national strategy for the smooth transition (STS) of Angola out of the LDC category Bangladesh Bangladesh Report on Graduation 2021 Bhutan Second Annual Report on the preparation of Bhutan’s Transition Strategy for smooth LDC graduation Lao People's Democratic Republic The Annual Report to the Committee for Development Policy (CDP) on the Preparation of the Smooth Transition Strategy Nepal Report on the Preparation of the Transition and LDC Graduation Strategy of Nepal São Tomé and Príncipe Solomon Islands Vanuatu
Download the PDF Introduction We are living in an era of unprecedented population growth. Since the middle of the twentieth century, the world?s population has more than tripled in size, reaching almost 8 billion people in 2022 (figure 1). Projections by the United Nations suggest that the size of the global population could grow to almost 11 billion by around 2100. However, the pace of global growth has slowed considerably since around 1970, and the world?s population is expected to stabilize by the end of the century. The unprecedented growth of the global population that has occurred since 1950 is the result of two trends: on the one hand, the gradual increase in average human longevity… UN DESA Policy Brief No. 130: Why population growth matters for sustainable development
Date and location 21 - 25 February 2022 Virtual meeting Documents Agenda Report of the Committee for Development Policy (E/2022/33, Supplement No. 13)
عربي, 中文, English, Français,Русский, Español Corrigendum (E/2022/33/Corr.1) to the Report of the Committee for Development Policy
عربي, 中文, English, Français, Русский, Español Opening statements Statement by H.E. Ambassador Collen Vixen Kelapile, President of United Nations Economic and Social Council (ECOSOC) Statement by Liu Zhenmin, Under-Secretary-General for Economic and Social Affairs Open session on ECOSOC interaction The open session informed the ECOSOC membership on the deliberations of the 24th Plenary session of the…
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Since the onset of COVID-19, central banks around the world, in tandem with fiscal authorities, have taken extraordinary measures to mitigate economic fallouts and support recovery. While monetary authorities have generally followed the global financial crisis playbook, the scope, size, and speed of the policy responses to the pandemic have been unprecedented. Since many central banks?especially in developed countries?had less room to reduce interest rates than in 2008, they have relied more heavily on unconventional monetary policy tools to stimulate economic activity, most notably large-scale asset purchases. Central bank purchasing of longer-term financial assets,… UN DESA Policy Brief No. 129: The monetary policy response to COVID-19: the role of asset purchase programmes