91. Growth going to waste: UN trade and development update sees multiple challenges slowing economic momentum
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Description
This episode of the Weekly Tradecast looks at the update to the UN’s Trade and Development Report with UNCTAD director Richard Kozul-Wright. On the positive side – despite high inflation, high interest rates and gloomy forecasts – the global economy grew 2.7% last year. The bad news – the update says – is that the positive momentum is going to waste and that growth looks set to be slower this year at 2.6%. Tune in to UN Trade and Development’s Richard Kozul-Wright to find out how we address not only rising interest rates and inflation but also the urgent challenges of climate change, underinvestment and inequality before it’s too late.
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