Overcoming the serious weaknesses exposed by the global economic crisis will not be easy and will require a major overhaul of the machinery for international finance, aid and trade, according to a new United Nations report released today. The World Economic and Social Survey 2010 notes that getting ‘back on track’ will require significant reforms in global economic governance and new thinking to put the world on a more sustainable path of development. Read more

The world continues to make advances towards the Millennium Development Goals (MDGs), despite the global economic downturn, but the rate of improvement remains too slow and countries must step up their efforts if the MDGs are to be achieved by their target date of 2015, a new United Nations report says. The annual assessment report, released today by Secretary-General Ban Ki-moon, shows that the world has made huge strides in reducing extreme poverty… Read more

The World e-Parliament Report 2010 examines how global and regional inter-parliamentary cooperation can exploit synergies among nations to help parliaments in developing countries bridge the digital divide by overcoming the barriers of limited resources and technical constraints. It proposes to the parliamentary and donor communities a shared framework for e-parliament based on strategic goals that serve democracy, good governance, and the attainment of the internationally agreed development goals. Read more

The world economy continued to improve in the first half of 2010, leading to a slight upward revision in the United Nations outlook for global growth. The pace of the recovery is too weak, however, to close the global output gap left by the crisis. The recovery is also uneven across countries. While growth prospects for some developing countries are encouraging, economic activity is lacklustre in developed economies and below potential elsewhere in the developing world. Read more