Trade and Development Report
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The 2024 Trade and Development Report calls for a fundamental rethink of development strategies amid a global slowdown and rising social discontent. It warns that the global economy, strained by crises and climate change, is stuck in low growth and weak investment, unable to meet development needs. Meanwhile, rapid technological changes and rising geopolitical tensions are reshaping trade and production patterns, potentially worsening inequalities between developed and developing countries. In a
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$3.4 trillion in trade growth could be unlocked with the Africa Continental Free Trade Area. UNCTAD’s Economic Development in Africa Report calls for action: regional integration, bold reforms & financial innovation. Full report: https://unctad.org/edar2024 | UN Trade and Development
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