Category: Economic Development

Corruption thwarts attempts to build a better world and ‘must be fought by all, for all’

UNDP Ukraine In developing countries, the United Nations Development Programme says that funds lost to corruption are estimated at 10 times the amount of official development assistance. As we enter a decade of ambitious action to achieve the Sustainable Development Goals (SDGs), stepping up efforts to eradicate corruption and promote good governance is “essential…to deliver […]

From landlocked to land-linked: how the UN is helping some of the world’s poorest countries

UN Photo/Gill Fickling A panoramic view outside Kathmandu, Nepal. How can the international community turn some of the world’s poorest, landlocked countries, into thriving, land-linked nations? On Thursday, at UN Headquarters, Member States will renew commitments they have made, to lift the 32 countries designated as Landlocked Developing Countries, or LLDCs, out of poverty. The […]

Energy of African youth ‘propelling’ new development era as UN ties bear fruit

The “boundless energy and optimism” of young Africans is propelling the continent into a new era of sustainable development, alongside new partnerships between the UN and African Union. That’s according to UN Secretary-General António Guterres, in his message on Saturday to mark international Africa Day. Earlier this year, the UN chief was in the Ethiopian capital […]

Amidst high trade tensions and policy uncertainty, UN cuts economic growth forecast

Against a backdrop of unresolved trade tensions, high international policy uncertainty and softening business confidence, the UN on Tuesday announced a broad-based slowdown in the global economy and cut its growth predictions. The data comes from the UN Department of Economic and Social Affairs (DESA) in its mid-year World Economic Situation and Prospects (WESP) report, which finds that all major developed economies, and most […]