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Services are powering growth. Here’s how developing nations can catch up

Services are powering growth. Here’s how developing nations can catch up

The rise of services prompts developing countries to look beyond manufacturing-led exports and enable productivity growth across the economic system.

Organic residues: A sustainable solution to plastic pollution and development

Organic residues: A sustainable solution to plastic pollution and development

Good management of organic residues, a renewable resource, is often overlooked but constitutes a powerful tool to improve livelihoods and tackle plastic pollution.

How critical energy transition minerals can pave the way for shared prosperity

How critical energy transition minerals can pave the way for shared prosperity

By Rebeca Grynspan, Secretary-General, UN Trade and Development (UNCTAD)

Shifting map of car production reflects changing patterns in trade and investment

Shifting map of car production reflects changing patterns in trade and investment

Shifts in the car industry, which relies on extensive and complex supply chains, highlight the global economy’s evolution, where cost efficiencies and regional demand are reshaping traditional manufacturing hubs.

Global growth stagnates at 2.7%, too weak to curb inequality, climate change and discontent

Global growth stagnates at 2.7%, too weak to curb inequality, climate change and discontent

UN Trade and Development (UNCTAD) calls for urgent policy shifts to reverse rising inequality, stagnant wages, and jobless growth, particularly in developing countries.

Rwanda: Joint initiative to empower small traders through digital technology

Rwanda: Joint initiative to empower small traders through digital technology

Supported by global partners, a new project is underway to bolster Rwandan small-scale cross-border traders, accelerating digital inclusion and regional integration.

Unemployment in the West Bank nearly tripled in six months

Unemployment in the West Bank nearly tripled in six months

A total of 306,000 jobs have been lost, pushing the West Bank’s unemployment rate from 12.9% before the current Gaza conflict to 32%.

Economic crisis worsens in Occupied Palestinian Territory amid ongoing Gaza conflict

Economic crisis worsens in Occupied Palestinian Territory amid ongoing Gaza conflict

A UN Trade and Development (UNCTAD) report reveals a severe economic crisis, driven by collapsing GDP per capita, widespread poverty and soaring unemployment.

Gaza’s GDP plummeted 81% in the last quarter of 2023, leaving its economy in ruins

Gaza’s GDP plummeted 81% in the last quarter of 2023, leaving its economy in ruins

The staggering scale of economic devastation and unprecedented decline in economic activity far surpasses the impact of all previous military confrontations.