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UNCTAD launches new tool to help transform economies amid global crisis

Date Time UNCTAD launches new tool to help transform economies amid global crisis UNCTAD has launched a new tool to help developing countries improve their development policies, reduce poverty and build economic resilience to negative shocks such as the coronavirus pandemic, which has devastated economies across the world. The Productive Capacities Index (PCI) is an online portal with publications, manuals, resources and tools that allow policymakers to measure their countries’ performance in...
United States Hong Kong Trinidad And Tobago Costa Rica South Africa Paul Akiwumi

FDI in infrastructure and productive assets declines in developing countries

SHARE Foreign direct investment in infrastructure and productive assets fell “significantly” in developing countries last year, hindering their recovery prospects from the coronavirus pandemic, according to a new report by the United Nations. However, overall FDI flows to developing economies remained relatively resilient and fell 12 per cent in 2020 compared with a 69 per cent decline recorded by richer economies. “These investment types are crucial for productive capacity and infrastruc...
United States James Zhan International Monetary Fund United Nations Geneva Based United Nations Conference Latin America

UN vows to deepen Africa s trade integration implement free trade agreement-ANI

Addis Ababa [Ethiopia], January 30 (ANI/Xinhua): The United Nations Economic Commission for Africa (UNECA) on Friday expressed its keen intention to deepen Africas trade integration and effectively implement the African Continental Free Trade Area (AfCFTA) Agreement. "The number of members that have ratified the African Continental Free Trade Area (AfCFTA) agreement is approaching 40 with the continents leadership showing immense political will towards achieving its aspirations," the UN agency ...
Addis Ababa Albert Muchanga United Nations Economic Commission For Africa European Union International Trade Center United Nations Economic Commission

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