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The COVID-19 pandemic is first and foremost a human crisis. Its most direct impact is on health and human well-being. The medical emergency and the public response to it ? most importantly restrictions on movement ? have also had a dramatic impact on economic activity, and led to significant job losses. The global economy is now expected to enter into recession in 2020, following decade-low growth of 2.3 per cent in 2019. Although much of the focus to date has been on those countries that have been hit the hardest by the pandemic, the crisis has reverberated around the world, feeding through to financial markets. Shocks to the real economy have led to three principal developments on global… UN/DESA Policy Brief #59: Corona crisis causes turmoil in financial markets
COVID-19: Disrupting lives, economies and societies A raging pandemic?unleashed by a highly contagious COVID-19 virus?has triggered unprecedented restrictions not only on the movement of people but also on a range of economic activities, and the declaration of national emergencies in most countries in Europe and North America. Growing demand for urgent healthcare and rising death tolls are straining national healthcare systems. The pandemic is disrupting global supply chains and international trade. With nearly 100 countries closing national borders during the past month, the movement of people and tourism flows have come to a screeching halt. Millions of workers in these countries are… World Economic Situation And Prospects: April 2020 Briefing, No. 136
Se requieren politicas urgentes y ambiciosas a fin de proteger a los mas vulnerables y de favorecer la sostenibilidad La economia mundial podria verse reducida en casi un 1 % este ano?0,9 %?debido a la pandemia de la COVID-19, y la produccion mundial podria disminuir aun mas si las restricciones impuestas a las actividades economicas se extienden hasta el tercer trimestre del ano y las respuestas fiscales no apoyan los ingresos y el consumo, segun lo expuesto en una nueva nota informativa del Departamento de Asuntos Economicos y Sociales de las Naciones Unidas. Las crecientes restricciones a la circulacion de las personas y los confinamientos en Europa y America del Norte estan…
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The pandemic caused by SARS-CoV-2 is spreading quickly, with 738,000 cases confirmed across the globe and over 35,000 deaths registered as of 30 March 2020 (Johns Hopkins University, Center for Systems Science and Engineering). The number of cases has almost doubled in the last week (from 418,000 cases on 23 March). Many countries have restricted activity and an increasing number are on lockdown. The health crisis is already evolving into a global financial and economic crisis, with sweeping consequences for economic growth, employment and wages. Preliminary estimates by the ILO suggest significant rises in unemployment?on the order of 13 million, with a high scenario of almost 25 million?… UN/DESA Policy Brief #58: COVID-19: Addressing the social crisis through fiscal stimulus plans
Gender gaps remain pervasive worldwide, constraining economic potential Most countries are not on track to achieve the SDG target 8.5 ?equal pay for work of equal value? by 2030 Eliminating gender inequalities requires legal reforms, financial incentives and shifts in societal attitudes English: PDF (168 kb) Global issue: Economic inequalities along gender lines remain pervasive Despite considerable progress over the last decades, significant gender gaps persist with respect to access to labour markets, working conditions, wages, economic security, access to finance and many other areas. Across the globe, gender stereotypes and biases remain deeply entrenched. Unequal economic… World Economic Situation And Prospects: March 2020 Briefing, No. 135
The sharing economy is perhaps the most ubiquitous manifestation of the rapid technological change we have been experiencing. Through smartphones and the internet, sharing economy platforms are facilitating the creation of markets and better use of underutilized assets. The estimate that private vehicles typically go unused for 95 per cent of their lifetime has come to symbolize the significant underutilized resources that are waiting to be shared in society (Knack, 2005). By reducing search and transaction costs, the sharing economy unlocks these resources through cheaper and more accessible options for consumers. Amateur and professional cooks can now offer sporadic dinner experiences in… Frontier Technology Quarterly: Does the sharing economy share or concentrate?
Date: 24 - 27 February 2020
Place: UNHQ, New York, USA Documents Agenda Report of the Committee for Development Policy (E/2020/33, Supplement No. 13)
عربي, 中文, English, Français, Русский, Español Outcome of the comprehensive review of the LDC criteria Opening statements Statement by Liu Zhenmin, Under-Secretary-General for Economic and Social Affairs Statement by Mona Juul, President of the United Nations Economic and Social Council Open session on New Inequalities Link to the event page Event flyer Presentations by panelists:
Arunabha Ghosh
Jose Antonio Ocampo The event was live streamed and can be watched at: UN Web TV Briefing to Delegates on…