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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…

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…

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,…

Economic Analysis and Policy

The world economy stumbled in 2015 and only a modest improvement is projected for 2016/17 as a number of cyclical and structural headwinds persist, says the United Nations World Economic Situation and Prospects (WESP) 2016 report.

Global growth is estimated at a mere 2.4 per cent in 2015, marking a downward revision by 0.4 percentage points from the UN forecasts presented six months ago. Amid lower commodity prices, large capital outflows and increased financial market volatility, growth in developing and transition economies has slowed to its weakest pace since the global financial crisis of 2008/2009.

Given the much anticipated slowdown in China and…