COVID-19 provided a convenient excuse for bigotry as the world witnessed xenophobic attacks against people of Asian descent. At the same time, racial and ethnic minorities and other marginalized groups suffered the greatest harm from the pandemic, due to higher infection rates and deeper economic distress. The recovery also has been marred by an imbalance of power that has left poor countries unable to vaccinate their populations. Therefore, puts great focus on ending inequality and exclusion.
Economic Development
The war in Ukraine could not have come at a worse time for the global economy—when the recovery from the pandemic-induced contraction had begun to falter. The explains how the Ukraine crisis could make it harder for many low- and middle-income economies to regain their footing. Besides higher commodity prices, the fallout is likely to arrive through several other vectors, including trade shocks. Countries closest to the conflict-due to trade and other links-are likely to suffer the greatest immediate harm. But the effects could ripple far beyond.
The World Development Report 2022: Finance for an Equitable Recovery, examines the central role of finance in the economic recovery from the pandemic.
The (7-15 March), offers a platform for the global community to gather and gauge the way it has been responding to fragility, conflict, and violence over the past decade and how to move forward.
After undergoing training provided by , Geraldo Basilua now runs a formally registered business providing agribusiness training and consulting that has increased his income 20-fold.
’s new recognizes the complexity of the development landscape and the challenges we face as a global community. It sets out our vision for a future-smart UNDP, working with partners to create a world where people and planet thrive together.
After rebounding in 2021, global growth is expected to decelerate markedly in 2022, reflecting continued COVID-19 flare-ups, diminished fiscal support, and lingering supply bottlenecks.
As the new year opens, the world is battling a global pandemic and confronting a planetary emergency. Both COVID-19 and climate change are contributing to rising inequality, conflict and fragility around the world. These interconnected challenges require integrated solutions. In 2022, UNDP puts its new into action, grounded in our commitment to eradicating poverty and helping countries achieve the Sustainable Development Goals. Here are some key moments to watch in the year ahead.
Has the global economy recovered from COVID-19? Will prices continue to rise? When will the jobs come back? Find out at the of the World Economic Situation and Prospects 2022 report on 13 January (12 pm EST). It provides an overview of recent global economic performance and short-term prospects. After a strong recovery in 2021, global growth momentum seems to be losing steam and higher levels of inequality could emerge as a longer-term scar of the pandemic. The report calls for better targeted policy and financial measures.
Sustainability goes beyond the environment; it includes other things that people need towards quality of life. suggests what you can do to make this holiday sustainable, merry and bright.
Peru is among the world’s 10 megadiverse countries. But despite its many resources some 4.5 million people face severe food insecurity. Several communities are advancing towards .
It was a challenging year for families everywhere. Alongside a pandemic that has taken millions of lives, the broader socio-economic effects of COVID-19 reversed decades of important gains for the most vulnerable. UNDP doubled down on its commitment to build forward better, working with partners at all levels of society to ensure people have the means to live in dignity, and the skills and resources to recover from crises and create fulfilling lives. .
From uneven economic recovery to unequal access to vaccines; from widening income losses to divergence in learning, COVID-19 has had a disproportionate impact on the poor and vulnerable in 2021. It is causing reversals in development and is dealing a setback to efforts to end extreme poverty and reduce inequality. Because of the pandemic, extreme poverty rose in 2020 for the first time in over 20 years. Through this series of charts and graphs, we share select research from the World Bank Group that illustrates the severity of the pandemic.
For nomadic herders in the mountains of Mongolia, traditional cheeses offer a sustainable alternative to tourism income, with benefits for snow leopard conservation. The majority of people in this region live in semi-nomadic subsistence communities that make a living from livestock herding. For these communities, ecotourism represents an increasingly important part of the economy that simultaneously promotes the conservation of local biodiversity. But when the pandemic hit, the dramatic loss of international tourists shuttered the ecotourism industry in Mongolia.
Promoting regional knowledge and South–South cooperation, ’s TrainForTrade port management programme has created a network to help port communities reboot their economies.
Developing productive capacities in least developed countries (LDCs) is necessary for boosting their response to and recover from crises such as COVID-19, according to a recent .