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Economic Analysis and Policy

The United Nations today warned that the devastating socio-economic impact of the COVID-19 pandemic will be felt for years to come unless smart investments in economic, societal and climate resilience ensure a robust and sustainable recovery of the global economy.

In 2020, the world economy shrank by 4.3 per cent, over two and half times more than during the global financial crisis of 2009. The modest recovery of 4.7 per cent expected in 2021 would barely offset the losses of 2020, says the latest World Economic Situation and Prospects.

The report underscores that sustained recovery from the pandemic will depend not only on the size of the stimulus measures, and the…

Financing for Development

This UN/DESA-UNCDF Handbook represents a significant contribution to the Financing for Sustainable Development agenda, advancing both thought leadership and action. Finalized in the crucible of the COVID-19 crisis, the Handbook brings global visibility to infrastructure asset management as a critical, high impact area for investing in local capacities to mobilize and manage financing for sustainable development, including in emergencies.

With trendy focus on the ‘new and shiny’, old assets often go neglected, while new ones are built without putting in place effective asset management frameworks. Underinvestment in infrastructure maintenance has been estimated to cost some…

Economic Analysis and Policy

The new report examines five megatrends: climate change; demographic shifts, particularly population ageing; urbanization; the emergence of digital technologies; and inequalities –that are affecting economic, social and environmental outcomes. Efforts to reverse or redirect these trends must be reinforced to ensure that we achieve the full measure of the 2030 Agenda, and set the stage for an inclusive, sustainable and equitable future during the next 75 years.

All trends are the result of human activity, and as such, they can be shaped by human decisions and policy choices. By making the right choices today, without further delay, it is not too late to shape the major trends of…

Social Development

This guide has been developed as a resource for Member States to provide information about the inclusion of youth in their delegations and offers ideas for those with existing youth delegate programmes on how to potentially strengthen them. It includes sections on establishing a programme, suggestions for possible roles of youth delegates and practicalities to be considered.

Public Administration

The year 2020 witnessed a transformational change in global development as the United Nations Secretary-General António Guterres called on Member States and other stakeholders to “kickstart a decade of delivery and action for people and planet”, given the short time left to achieve the 2030 Agenda for Sustainable Development. By surveying and studying broad patterns of digital government around the world, the United Nations E-Government Survey assesses the digital government development of the 193 United Nations Member States in identifying their strengths, challenges and opportunities, as well as informing policies and strategies. The Survey supports countries’ efforts to provide…

Social Development

Tearing down barriers that prevent more young people from becoming successful social entrepreneurs will contribute to advancing the Sustainable Development Goals and tackling the socio-economic impacts of COVID-19, according to a new report released today by the UN Department of Economic and Social Affairs.

The report calls on governments and other decision-makers to remove obstacles to youth social entrepreneurship, such as access to start-up funds that are presently limiting the ability of young people to engage in profitable activities. Many regulatory systems often prevent — sometimes involuntarily — young people from accessing financial products and services needed…

Economic Analysis and Policy

Against the backdrop of a devastating pandemic, the global economy is projected to contract sharply by 3.2 per cent this year, according to the United Nations World Economic Situation and Prospects (WESP) mid-2020 report.

The global economy is expected to lose nearly $8.5 trillion in output over the next two years due to the COVID-19 pandemic, wiping out nearly all gains of the previous four years.  The sharp economic contraction, which marks the sharpest contraction since the Great Depression in the 1930s, comes on top of anaemic economic forecasts of only 2.1 percent at the start of the year.

The report estimates that GDP growth in developed economies is expected to…

Financing for Development

Governments must take immediate steps to prevent a potentially devastating debt crisis and address the economic and financial havoc wrought by the COVID-19 pandemic – says a new report from the United Nations-led Inter-Agency Task Force on Financing for Development.

The UN System’s 2020 Financing for Sustainable Development Report outlines measures to address the impact of the unfolding global recession and financial turmoil, especially in the world’s poorest countries. Its recommendations are based on joint research and analysis from the UN System, the International Monetary Fund, World Bank Group, and more than 60 UN agencies and international institutions.

Even before…

Social Development

Growing inequality in both developing and developed countries could exacerbate divisions and slow economic and social development according to a new UN report, the World Social Report 2020, that was launched today. More than two thirds of the world’s population today live in countries where inequality has grown, and inequality is rising again even in some of the countries that have seen inequality decline in recent decades, such as Brazil, Argentina and Mexico.

The impacts of inequality are being felt at the personal and national levels. According to the report, which is produced by the UN Department of Economic and Social Affairs, highly unequal societies are less effective at…

Economic Analysis and Policy

Impacted by prolonged trade disputes, the global economy suffered its lowest growth in a decade, slipping to 2.3 per cent in 2019. The world, however, could see a slight uptick in economic activity in 2020 if risks are kept at bay, according to the United Nations World Economic Situation and Prospects (WESP) 2020.

The Report states that growth of 2.5 per cent in 2020 is possible, but a flareup of trade tensions, financial turmoil, or an escalation of geopolitical tensions could derail a recovery. In a downside scenario, global growth would slow to just 1.8 per cent this year. A prolonged weakness in global economic activity may cause significant setbacks for sustainable…

Social Development

The United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP) has been in place for more than a decade. Has it made a difference? What kind of impact has it had on the survival, dignity and well-being of indigenous peoples. How has it been used? What can be learned from the many ways in which it has been applied and from the obstacles encountered? What gaps and challenges still exist that may be preventing the full implementation of the Declaration? What is the way forward to realize the full potential and promise of the Declaration? These are the questions this publication seeks to explore. This edition of the State of the World’s Indigenous Peoples (SOWIP)…

Public Administration

The 2030 Agenda and the Sustainable Development Goals (SDGs) prominently feature institutions, both as a cross-cutting issue in many of the goals and as a standalone goal (SDG 16). The World Public Sector Report 2019 looks at national-level developments in relation to several concepts highlighted in the targets of Goal 16, which are viewed as institutional principles: access to information, transparency, accountability, anti-corruption, inclusiveness of decision-making processes, and non-discrimination. The report surveys global trends in these areas, documenting both the availability of information on those trends and the status of knowledge about the effectiveness of related policies…