Publications | Economic Analysis and Policy Division

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12 June 2017

World Economic Situation And Prospects: June 2017 Briefing, No. 103

Global growth projected to strengthen to 2.7 per cent in 2017 and 2.9 per cent in 2018 High food price inflation in several countries raises concerns over worsening food insecurity Brazil returns to positive growth in the first quarter Global issues Global growth strengthens, but prospects for some of the world?s poorest regions have deteriorated Global economic growth has strengthened since January, supported by a moderate recovery in trade and investment. According to the World Economic Situation and Prospects as of mid-2017 report (WESP mid-2017), world gross product is expected to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018. Underpinning the recovery is firmer growth in… World Economic Situation And Prospects: June 2017 Briefing, No. 103

04 June 2017

Equatorial Guinea graduates from the LDC category

The list of least developed countries (LDCs) is getting smaller. On 4 June 2017 Equatorial Guinea graduated from the LDC category, 3 ? years after the United Nations General Assembly decided on the graduation date and 8 years after the CDP recommended the country for graduation. Of the 47 LDCs remaining on the list, Vanuatu and Angola will graduate next, in 2020 and 2021, respectively. To graduate from the LDC category the country has to meet two of the three graduation thresholds of the LDC criteria: gross national income (GNI) per capita, human assets index (HAI) and economic vulnerability index (EVI). Alternatively, graduation can also be recommended if the LDC meets twice the graduation… Equatorial Guinea graduates from the LDC category

26 May 2017

Belt and Road Forum for International Cooperation

Pingfan Hong, the Director of DPAD, was invited by the Chinese Government to attend the Belt and Road Forum for International Cooperation (BRF), 14-15 May 2017, Beijing, China. The Belt and Road Forum is closely related to the work of DPAD in three specific tasks as follows: (1)A research to study the linkages from the five priority areas for international development cooperation under the Belt and Road Initiative to the 17 Sustainable Development Goals and the seven Action Areas of the Addis Ababa Action Agenda, and the policy implications of the Belt and Road for the implementation of the 2030 Agenda for Sustainable Development; (2) An ongoing capacity development project funded by the… Belt and Road Forum for International Cooperation

26 May 2017

Belt and Road Forum for International Cooperation

23 May 2017

Assisting the LDCs in preparing for graduation

Preparing for graduation from the Least Developed Country (LDC) category is a daunting task for the majority of LDCs. The countries face challenges in fully understanding the benefits from LDC-specific support they receive and what implication a possible graduation will have. Demand for information and support for a smooth transition from the LDC category continues to be high. To assist LDCs prepare for a smooth graduation from the LDC category the Committee for Development Policy (CDP) and the Enhanced Integrated Framework (EIF) have formed a partnership. This joint side event held on 23 My 2017 brought together LDCs and development partners and presented some supporting tools currently… Assisting the LDCs in preparing for graduation

22 May 2017

Recognition and Application of the Least Developed Country Category by UN Development System Organizations

CDP Policy Review No. 6 By Teresa Lenzi This paper analyzes the advantages that LDCs have derived from the various LDC-specific international support measures due to their LDC status. It identi?fies the reasons why some UN development system organizations may not use the LDC category in their allocation of development assistance and support measures.The analysis focuses on support from the UNDS organizations related to ODA and general support measures. Trade related support measures fall under the purview of the World Trade Organization, and are not discussed in this paper. The analysis was undertaken in the context of a UN General Assembly mandate in response to the Mid-term Review of the… Recognition and Application of the Least Developed Country Category by UN Development System Organizations

16 May 2017

World Economic Situation And Prospects As Of Mid-2017

The mid-year update of the World Economic Situation and Prospects 2017 confirms the projections made in the World Economic Situation and Prospects 2017?in January 2017 of a modest recovery in global growth for 2017-2018. Helped by a moderate recovery in trade and investment, world gross product is expected to expand by 2.7% in 2017 and 2.9% in 2018. While this marks a notable acceleration compared to 2016, growth in many regions remains below the levels needed for rapid progress towards achieving the Sustainable Development Goals. Average growth of 4.7% in 2017 and 5.3% in 2018 is forecast for Least Developed Countries (LDCs), well below the Sustainable Development Goal (SDG) target of at… World Economic Situation And Prospects As Of Mid-2017

10 May 2017

CDP Chair is panelist at the 2017 ECOSOC Integration Segment

Professor Jose Antonio Ocampo, Chair of the Committee for Development Policy (CDP), participated as panelist at the ECOSOC Integration Segment on 10 May 2017. The session under the theme "Bringing the ECOSOC System Together" featured representatives of functional commissions and other subsidiary bodies of ECOSOC to address the overall theme of the 2017 session ?Eradicating poverty in all its forms and dimensions through promoting sustainable development, expanding opportunities and addressing related challenges?. Information Annotated Programme
Concept Note CDP Chair is panelist at the 2017 ECOSOC Integration Segment

10 May 2017

From planning to policy: Half a century of the CDP

CDP Background Paper No. 36 By Daniel Gay The United Nations Committee for Development Policy (CDP) comprises 24 independent specialists from a variety of disciplines. It advises the UN Economic and Social Council on emerging economic, social and environmental issues relevant to sustainable development and international co-operation. The paper argues that since its launch in 1965 the CDP has at times struggled to make an impact, but that it has been most effective when it has been at its most creative and when it has broken with convention.
The CDP?helped put into practice the target that developed countries should devote 0.7% of their gross national income to official development… From planning to policy: Half a century of the CDP

10 May 2017

Applying the Growth Identification and Facilitation Framework to Nepal

CDP Background Paper No. 35 By Dr. Jiajun Xu and Sarah Hager This paper analyzes opportunities for growth in Nepal by applying the policy tool of New Structural Economics ? Growth Identification and Facilitation Framework (GIFF). Drawing on firm level surveys, stakeholder interviews, and existing datasets it aims to contribute to policy discussions in Nepal and to demonstrate the use of the GIFF for other least developed countries.?The report argues that Nepal should seek to capture industrial transfer from China to establish a foothold in global value chains, create employment and catalyze structural transformation. The report identifies product-level advantages arising from preferential… Applying the Growth Identification and Facilitation Framework to Nepal