Publications

Developing countries still have to regain lost ground from the COVID-19 pandemic. The pandemic has put more countries at risk of debt distress, constrained their fiscal space and hampered economic growth. The war in Ukraine is exacerbating all these challenges. In this context, the 2022 Financing for Sustainable Development Report identifies a “great finance divide” – the inability of poorer countries to raise sufficient resources and borrow affordably for investment.

The great finance divide leaves developing countries unable to respond to crises and invest in sustainable development. On average, developed countries use 3.5 per cent of revenue to pay interest on their debt,…

The World Population Policies 2021: Policies related to fertility, provides a brief overview of global fertility levels and trends since the early 1960s and explores government’s views and policies related to fertility. The analysis of views and policies draws on data gathered through 2019 and available in the World Population Policies Database, reflecting the situation before the outbreak of the coronavirus disease 2019 (COVID-19) pandemic. The report then presents five case studies of countries from different regions and with a range of fertility levels, exploring in more detail the origin and evolution of national fertility policies. The case studies are followed by an assessment of…

Global Population Growth and Sustainable Development probes the linkages between global population growth and the social, economic and environmental dimensions of sustainable development. The report examines how the current rapid growth of the human population is a consequence of the demographic transition from high to low levels of mortality and fertility. The report reviews the connections between population growth and key aspects of social and economic development, including poverty, hunger and malnutrition, health, education, gender equality, economic growth and decent work. It also explores the contribution of global population increase to environmental degradation, including…

The global economic recovery is facing significant headwinds amid new waves of COVID-19 infections, persistent labour market challenges, lingering supply-chain challenes and rising inflationary pressures. After expanding by 5.5 per cent in 2021, the global output is projected to grow by only 4.0 per cent in 2022 and 3.5 per cent in 2023, according to the United Nations World Economic Situation and Prospects (WESP) 2022.

The robust recovery in 2021 – driven by strong consumer spending and some uptake in investment, with trade in goods surpassing pre-pandemic levels — marked the highest growth rate in more than four decades, the Report highlighted. Yet the momentum for growth –…

The World Population Policies 2021: Policies related to fertility, provides a brief overview of global fertility levels and trends since the early 1960s and explores government’s views and policies related to fertility. The analysis of views and policies draws on data gathered through 2019 and available in the World Population Policies Database, reflecting the situation before the outbreak of the coronavirus disease 2019 (COVID-19) pandemic. The report then presents five case studies of countries from different regions and with a range of fertility levels, exploring in more detail the origin and evolution of national fertility policies. The case studies are followed by an assessment of…

The fourth edition of the Handbook on the Least Developed Country Category provides comprehensive information on the least developed country (LDC) category, including a description of procedures and methodologies used in the identification of these countries and the international support measures available to them. It builds upon and updates the previous edition, published in 2018. The Handbook aims at providing comprehensive and up-to-date information on the LDC category. The publication is intended for use by government officials, policymakers, researchers and others interested in the LDC category.

Environmental taxes are on the agenda of many developing countries, for both revenue purposes and for meeting countries’ commitments on climate change and sustainable development. 

Carbon taxes are a policy option aimed at curbing carbon-based emissions responsible for climate change, in line with the commitments assumed by countries under the Paris Agreement. Carbon taxes put a price on the emission of greenhouse gases, thereby motivating companies to invest in cleaner technology or switch to more efficient practices. Likewise, consumers may be incentivized to invest in energy efficiency, change their lifestyle habits or, where options are available, switch to cleaner forms…

Double tax treaties aim to prevent unrelieved double taxation, in order to foster cross-border economic activity and the transfer of technology. Countries generally use models as a starting point when negotiating tax treaties. As the UN Model Double Taxation Convention between Developed and Developing Countries generally favours retention of greater host country taxing rights, it tends to be relied upon more by developing countries than the OECD Model Tax Convention on Income and on Capital.

The UN Model Taxation Convention consists of articles on the treaty’s scope and on definitions to be used in the treaty. For different kinds of income and capital, it allocates taxing rights…

New approaches made possible through improved access and Internet connectivity can raise the standard of living for approximately 3.4 billion people living in rural areas, without them having to migrate to cities, according to the newly released 2021 World Social Report “Reconsidering Rural Development.”

The COVID-19 pandemic, together with already persistent high levels of poverty and inequalities, are threatening to stall progress for the world’s rural populations. But the pandemic has also proven that new technologies can enable rural populations to flourish, ending the rural-urban divide.

UN Secretary-General António Guterres said the new technologies opened up new…

While the global growth outlook has improved, led by robust rebound in China and the United States, surging COVID-19 infections and inadequate vaccination progress in many countries threaten a broad-based recovery of the world economy.

According to the World Economic Situation and Prospects (WESP) mid-2021 report, following a sharp contraction of 3.6 per cent in 2020, the global economy is now projected to expand by 5.4 per cent in 2021, reflecting an upward revision from the UN forecasts released in January. Amid rapid vaccinations and continued fiscal and monetary support measures, China and the United States – the two largest economies – are on the path to recovery.

In…

A main preoccupation of those responsible for designing tax systems is minimizing disputes concerning the interpretation and application of income tax laws and ensuring that any disputes are resolved fairly and effectively. 

Particularly for tax administrations of developing countries, fair and effective resolution of tax disputes serves to balance the dual country needs to raise domestic revenues and to attract and keep foreign investment. Achieving the right balance contributes to the strengthening of domestic resource mobilization. 

The new UN Handbook on Avoidance and Resolution of Tax Disputes provides guidance on the various mechanisms to avoid and, if…

Transfer pricing is the general term for the pricing of transactions between related or associated enterprises. It should reflect the internationally accepted arm’s length principle embodied in Article 9 of the UN Model Double Taxation Convention between Developed and Developing Countries. It is particularly relevant to the global transactions of multinational enterprises, involving the transfer of goods, services and intangibles between enterprises of the multinational groups.

When transactions between associated enterprises do not reflect the arm’s length principle, profits might be shifted to low-tax or no-tax jurisdictions and losses and deductions shifted to high-tax…