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Although the global economy is on the cusp of a fragile recovery, governments must take concerted action to create jobs to spur growth and development, according to the heads of the United Nations International Labour Organization (ILO) and the International Monetary Fund (IMF).

A new United Nations study says that exports from Latin America and the Caribbean will grow by 21.4 per cent this year, owing mainly to purchases from Asia – particularly China – and the normalization of United States demand.

Countries can make headway on slashing hunger, poverty and a host of other socio-economic ills over the next five years, the head of the United Nations Development Programme (UNDP) said today, stressing three essential elements for progress.

The economic and social benefits of investing in education are among the issues analysed in the 2010 edition of the OECD’s Education at a Glance, to be published on Tuesday 7 September. Four media presentations of this year’s edition are planned : in London, Paris, Berlin and Brussels.

The occupied Palestinian territory (oPt) recorded marginal economic growth last year, and unemployment remained high, with Israel’s closure policy in the West Bank and the blockade of the Gaza Strip continuing to inhibit the territory’s potential for rapid economic expansion, the United Nations reported today.

The occupied Palestinian territory (oPt) recorded marginal economic growth last year, and unemployment remained high, with Israel’s closure policy in the West Bank and the blockade of the Gaza Strip continuing to inhibit the territory’s potential for rapid economic expansion, the United Nations reported today.

Consumer prices in the OECD area rose by 1.6% in the year to July 2010, up from 1.5 % in June. This small increase mainly reflected developments in energy and food prices, which increased by 6.2% and 1.1% respectively in the year to July, compared with rises of 4.7% and 0.6% in June.

Development problems plaguing the world’s poorest countries (LDCs) will occupy the minds of the Group of Eminent Persons appointed by Secretary-General Ban Ki-moon earlier this week as they examine obstacles to economic progress and recommend new paradigms for transforming low-income economies.

Secretary-General Ban Ki-moon today appointed a Group of Eminent Persons to advise on the support needed to help the world’s poorest nations achieve their development targets, ahead of a major international conference on the least developed countries (LDCs) slated for next year.

Secretary-General Ban Ki-moon today appointed a Group of Eminent Persons to advise on the support needed to help the world’s poorest nations achieve their development targets, ahead of a major international conference on the least developed countries (LDCs) slated for next year.

Gross domestic product (GDP) in the OECD area rose by 0.7% in the second quarter of 2010, the same rate as in the previous quarter.

Gross domestic product (GDP) in the OECD area rose by 0.7% in the second quarter of 2010, the same rate as in the previous quarter.

A new online publication by the United Nations trade arm explores alternative methods that governments and international investors may use to resolve increasingly frequent disputes that must currently be handled through lengthy international arbitration.

The United Nations Development Programme (UNDP) is helping the residents of a district of the Jamaican capital rebuild their livelihoods in the wake of violent unrest earlier this year during a security operation aimed at arresting a man accused of running a drug cartel.

A United Nations meeting which wrapped up in Bangkok today has encouraged businesses to embrace the rights and concerns of persons with disabilities, highlighting the untapped consumer power represented by an estimated 400 million people in the Asia-Pacific region.