News & Events

The world economy is in the doldrums, with weak economic growth, stubborn inflation and rising interest rates in the major developed economies clouding the near-term economic outlook. Legacy effects of the COVID-19 pandemic, the protracted war in Ukraine, exacerbating effects of climate change are impeding a rebound of global growth.

Global growth prospects have weakened significantly amid the war in Ukraine, rising energy, food and commodity prices, soaring inflation and tightening monetary policy stances by major central banks.

Global growth outlook has weakened, amid unresolved trade tensions and elevated international policy uncertainty, according to the World Economic Situation and Prospects as of mid-2019. Across both developed and developing countries, growth projections for 2019 have been downgraded.?

The subgroup of the Committee for Development Policy (CDP) met in New York City from 1 - 2 February 2018 to review the data used for the identification of least developed countries (LDCs) and to conduct country consultations with the countries identi

23 May 2017, UNHQ - 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.

The mid-year update of the World Economic Situation and Prospects forecasts growth of world gross product to accelerate slightly from 2.6 per cent in 2014 to 2.8 per cent in 2015?a downward revision by 0.3 percentage points from the forecast presented in the World Economic Situation and Prospects 2015 in January. In 2016, global growth is forecast to improve to 3.1 per cent. The report was launched today in New York by Pingfan Hong, Director of the Development Policy and Analysis Division (DPAD), UN/DESA; and Ingo Pitterle, Economic Affairs Officer, DPAD/DESA.

DESA/DPAD, in collaboration with the Project LINK Research Center of the University of Toronto, held its annual Expert Group Meeting on the World Economy (Project LINK conference) from October 21 to 23 in New York. The conference was attend

Statement by Prof. Sakiko Fukuda-Parr at the CDP panel disc

An agenda on gender equality aimed at reducing women’s poverty, including in old age, should promote women’s labour market participation and decent work, ease their care burden and improve women’s pension coverage as well as pension adequacy.