UN’s definitive report on the world economy to launch this month
Following a decade of economic crises and shocks – from the global financial crisis of 2008-2009, to the European sovereign debt crisis of 2010-2012, to the global commodity price realignment in 2014-2016 – is the global economy finally headed for a lasting recovery?
Although the world is currently witnessing stronger economic activity, economic gains remain unevenly distributed across countries and regions, and many parts of the world are yet to restore a healthy growth rate.
The uneven pace of global economic recovery continues to raise concerns regarding prospects for achieving the Sustainable Development Goals (SDGs) by the year 2030. Little growth in per capita income is expected in several parts of Africa, Western Asia and Latin America and the Caribbean.
The impacted regions combined are home to 275 million people living in extreme poverty. Without sustained, economic growth, the chances of bringing that number to zero remain slim. To achieve the goals of eradicating poverty and creating decent jobs for all, it is essential to address the longer-term structural issues that hold back a faster progress towards sustainable development.
What are these structural issues and can countries afford to address them now? What is the shape of the global economy and will it improve over the next two years? What should the world’s development priorities be?
To find out, join the launch of the World Economic Situation and Prospects 2018 – UN DESA’s flagship report on the state of the world economy with a detailed global and regional economic outlook for 2018 and 2019.
Watch the launch live on 11 December 2017, 11 am EST at webtv.un.org
Following the launch, the report will be available for download at http://bit.ly/wespreport
Building accessible societies for all
Urban poverty, inequalities and exclusion often exist at the expense of sustainable development. The speed and scale of urbanization brings challenges for all family members such as youth, particularly young girls and women, persons with disabilities, indigenous peoples and older persons. To meet these future challenges that the growing urban population is facing, city leaders must move quickly and plan accordingly.
It is against this backdrop that UN DESA’s Division for Social Policy and Development (DSPD) is organizing the event “Building Future Societies for All.” It is part of the Expert Discussion Series: Towards inclusive, accessible and resilient societies, and takes place in the lead up to the 56th Commission for Social Development.
The goal is to create a platform where civil society and governments work together on poverty eradication strategies and on creating innovative public policy frameworks to build resilient societies and to shape the future of urban communities.
“Building future societies should aim at advancing social, cultural and economic growth for everyone,” said Daniela Bas, Director of DSPD, ahead of the event which takes place at UN Headquarters on 1 December 2017.
Considering the increasing economic importance of travel and leisure worldwide, the tourism industry offers a unique opportunity to shape future cities by ensuring social inclusiveness, employment and poverty eradication. Bearing in mind that 2017 is the International Year of Sustainable Tourism for Development, the event will explore the benefits and contributions of pro-poor tourism, to encourage stakeholders to better identify strategies for building prosperous, inclusive and resilient societies for all, leaving no one behind.
The event, co-sponsored by the United Nations World Tourism Organization and the Permanent Missions of Antigua and Barbuda, Bulgaria, Ecuador, European Delegation and San Marino, is also part of a day-long series of activities to commemorate the International Day of Persons with Disabilities. This and other events to celebrate the day will be broadcast live via UN Web TV.
To follow the conversation via social media, the online audience is encouraged to use the hashtags #FutureSocieties4All and #IDPD.
For more information: International Day of Persons with Disabilities