This series by the UN trade and development body explores how major economic events are affecting developing countries and the lives of billions of people.
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episode 91: 91. Growth going to waste: UN trade and development update sees multiple challenges slowing economic momentum
This episode of the Weekly Tradecast looks at the update to the UN’s Trade and Development Report with UNCTAD director Richard Kozul-Wright.
On the positive side – despite high inflation, high interest rates and gloomy forecasts – the global economy grew 2.7% last year.
The bad news – the update says – is that the positive momentum is going to waste and that growth looks set to be slower this year at 2.6%.
Tune in to UN Trade and Development’s Richard Kozul-Wright to find out how we address not only rising interest rates and inflation but also the urgent challenges of climate change, underinvestment and inequality before it’s too late.