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Economic Analysis and Policy

A careful review of 70 years of the United Nations’ economic advice reveals that the analysis still remains relevant to guiding countries through a difficult current global economic situation and for the implementation of the 2030 Agenda for Sustainable Development, according to the World Economic and Social Survey launched today by the United Nations Department of Economic and Social Affairs.

Individual countries have pursued widely different development paths during a period that has witnessed the fastest growth in global output and trade than any other period in the history of humanity—and have achieved varying results from the bleak to the miracle—. An in-depth review of the…

Financing for Development

Continued slow global economic growth is likely to leave about 6.5 per cent of the world population extremely poor in 2030 without national actions supported by international cooperation, according to a new report issued by the United Nations today.

A continuation of the status quo would severely hamper efforts to achieve the Sustainable Development Goals by 2030. The Goals call for eliminating poverty by 2030.

According to the 2017 “Financing for Development: Progress and Prospects” report, under current trends, least developed countries (LDCs) are likely to fall short by large margins.

Projections indicating that global gross product will grow at less than 3…

Economic Analysis and Policy

Growth in the global economy has picked up in the last six months in line with expectations, but in many regions, growth remains below the levels needed for rapid progress towards achieving the Sustainable Development Goals, according to the United Nations World Economic Situation and Prospects as of mid-2017 report.

The report identifies a tentative recovery in world industrial production, along with reviving global trade, driven primarily by rising import demand from East Asia. World gross product is expected to expand by 2.7 per cent in 2017 and 2.9 per cent in 2018, unchanged from UN forecasts released in January this year. This marks a notable acceleration compared to just 2.…

Capacity Development, Sustainable Development

The 2016 meeting of the High-Level Political Forum (HLPF) took place from 11 to 20 July 2016 at the United Nations Headquarters in New York. Twenty-two countries presented voluntary national reviews (VNRs) of the implementation of the 2030 Agenda, and particularly the sustainable development goals (SDGs), over a day and a half during the Ministerial Segment of the HLPF under the auspices of the Economic and Social Council (ECOSOC). This report synthesizes some of the findings of the VNRs, drawing primarily from the written reports and executive summaries of the majority of countries. It uses a theme based analysis drawn largely from the voluntary common guidelines contained in the Annex…

Economic Analysis and Policy

Although a modest global recovery is projected for 2017-18, the world economy has not yet emerged from the period of slow growth, characterised by weak investment, dwindling trade and flagging productivity growth, according to the United Nations World Economic Situation and Prospects (WESP) 2017 report.

The report states that the world economy expanded by just 2.2 per cent in 2016, the slowest rate of growth since the Great Recession of 2009. World gross product is projected to grow by 2.7 per cent in 2017 and 2.9 per cent in 2018, a slight downward revision from the forecasts made last May.

Launching the report at the UN Headquarters in New York, Mr. Lenni Montiel,…

Economic Analysis and Policy

Evidence is increasing that climate change is taking the largest toll on poor and vulnerable people, and these impacts are largely caused by inequalities that increase the risks from climate hazards, according to a new report launched by the United Nations today.

The World Economic and Social Survey 2016: Climate Change Resilience—an Opportunity for Reducing Inequalities (#WESS2016), found that governments can play a significant role in reducing the risks of climate change to vulnerable populations. Through transformative policies,  the report shows that governments could address the root causes of inequalities and build climate change resilience.

While there is…

Sustainable Development

The first annual Global Multi-stakeholder SIDS Partnership Dialogue was held on 22 September 2016 during the 71st session of the General Assembly as a High-level Breakfast Event, focusing on the launch of new partnerships devoted to SIDS, and the announcement of new commitments from existing SIDS partnerships.



The Dialogue is an integral of the SIDS Partnership Framework which was launched by the General Assembly in 2016 as a follow-up to the SIDS Conference, held in Samoa in 2014. The Framework is one of a kind at the United Nations in following up and monitoring progress of voluntary commitments from multi-stakeholder partnerships aimed at driving sustainable development…

Statistics, Sustainable Development

Launching the first-ever Sustainable Development Goals report on the new global development agenda adopted in 2015, Secretary-General Ban Ki-moon said that the 15-year undertaking was “off to a good start” but would require all parts of the UN family and its partners to work together.

“We have embarked on a monumental and historic journey,” the Secretary-General told the UN High-level Political Forum on Sustainable Development (HLPF), which opened on 11 July and ended on 20 July 2016, at the UN Headquarters in New York.

“We must all learn, in national governments, in local authorities, in business and civil society, and also at the United Nations, to think differently,” he…

Sustainable Development

Understanding of the scientific basis for action will be needed to achieve the ambitious and transformative goals of the 2030 Sustainable Development Agenda, according to a new report issued by the United Nations today during the High-level Political Forum on Sustainable Development.

According to the Global Sustainable Development Report 2016, key elements of the 2030 Agenda –such as what it will take to ensure that no one will be left behind — have yet to be thoroughly scientifically researched. The report finds that the new agenda requires asking different questions, many that have not yet been answered by the research.

The report, an assessment of a broad array of…

Economic Analysis and Policy

Economic activity in the world economy remains lacklustre, with little prospect for a turnaround in 2016, says UN DESA’s World Economic Situation and Prospects as of mid-2016 report, launched today. According to the report, world gross product will grow by just 2.4 per cent in 2016, the same pace as in 2015, marking a downward revision of 0.5 percentage points from UN forecasts released in December 2015.

Persistent weakness in aggregate demand in developed economies remains a drag on global growth, while low commodity prices, mounting fiscal and current account imbalances and policy tightening have further dampened prospects for many commodity-exporting economies in Africa, the…

Financing for Development

The first edition of the report of the Inter-agency Task Force on Financing for Development maps out the commitments and action items contained in the Addis Ababa Action Agenda and lays out how the Task Force will monitor their implementation in future years.

The Task Force has carefully gone through the full range of these commitments and action items to create a framework for monitoring. It compiled them into nine chapters — on cross-cutting issues, the seven action areas of the Addis Agenda, and on data. In each chapter, commitments and actions are organized by thematic clusters, for which the Task Force presents options for monitoring.

Economic Analysis and Policy

The launching of the Millennium Development Goals (MDGs) at the dawn of the present century ushered in one of the most important initiatives undertaken by the United Nations. Concerted efforts at the international, national and subnational levels to achieve the MDGs have brought about significant development progress over the past 15 years. Nevertheless, important development gaps remain.

The year 2015 was one of global action on the unfinished business of the MDGs and the many other challenges facing humankind. Once again, the United Nations has taken the leading role in promoting development for all, and through an inclusive consultation process has formulated the 2030 Agenda…