trade

Russian Federation commits to halving poverty by 2024 China turns to pro-growth measures to mitigate the impact of the trade disputes Fiscal pressures creating significant policy challenges in Latin America

High commodity dependence and structural barriers hindering long-term growth prospects of many developing countries; intensifying trade tensions between the major economies poses a significant risk to the global growth outlook; recent financial market turbulence exposes vulnerabilities in several developing economies

The paper examines globalization’s effects on those left behind in both industrial and emerging markets.

Rising levels of public debt fueling fiscal sustainability concerns in many developing countries Several countries highly vulnerable to a sharp increase in government interest burden in the event of a financial shock High debt service obligations limit the availability of resources to pursue development objectives

For some least developed countries (LDCs) like Bangladesh and Nepal, moving onto a path of long-term prosperity requires structural transformation that expands production via manufacturing, services and higher-productivity agriculture. The UN Committee for Development Policy (CDP), using a series of case studies, identified some possible lessons from building productive capacity in countries that are about to graduate or have recently graduated from the LDC category.

Global growth expected to reach 3.2 per cent in 2018 and 2019 Key downside risks to the global economy include rising trade tensions, elevated debt and uncertainty over monetary policy adjustments in the developed countries Recent strengthening of economic growth carries environmental costs

WTO’s Eleventh Ministerial Conference to be held against a backdrop of major challenges to the multilateral trading system Rising financial imbalances prompt policy responses in China and the Republic of Korea Higher oil and metal prices driving South America’s economic recovery

Emissions from tourism and trade are growing faster than those from road transport, if current trends persist they could double or even triple by 2050.

Pingfan Hong, the Director of DPAD, was invited by the Chinese Government to attend the Belt and Road Forum for International Cooperation, 14-15 May 2017, Beijing, China. The Belt and Road Forum is closely related to the work of DPAD in research and ongoing capacity development projects.