Wor d EconomieSituationEProspects2022United Nations
World EconomicSituationI ProspectsUnitedNationsNewYork,2022
WORLDECONOMICSITUATIONANDPROSPECTS202The World Economie Sftuation, and Prospects 202?is areportproducedbytheUnited NationsNations Conference on Trade and Develooment (UNCTAD) and the five United Nationsredinalcommisins: Economic Commission fr Africa(UNECA),Eeonomic Commision forEurope(UNECE), Economic Comnmission for Latin America and the Caribea (UNECLAC), Economic andSocial CommissionforAsia and the Pacific (UNESCAP") and Economic and Socal Commission forto thereport.Forfurther information, ist htps?/ w. un org/ en desa or contactUNDESAUNECLACLIuUZHENMIN,Under-Secretary-GeneralALICIABARCENa,ExecutiveSecretaryDepartmentofEconomicandSocialAfairsEconomic Commission frLatinAmerica,8-2922he CaribbearUnitedNatons7.DagHammarskjold3477wYork,NY10017乐Santiago,Chile+1-212-9635958Chile四undesa@un.org+56-2-22102000secepal@cepal.orgUNCTANREBEcAGRYnsPaN,Secretary-GeneralUNESCAPUnited Nations Conference onTrade,ARMIDASALSIAHALISJAHBANA,Executive,velopmentSecretaryEconomic andSocial CommissionforAsiaeNations,8-14a10UnitedNationsBuildinoSwitzerlandNokAvenue+41-22-917580610200KOFThaiIandIsgo@unctad.org+66-2-2881234UNECA园escap-scas@un.orgVERASonGwE,Executive SecretaryUnitedNations EcomomicComisinfr-AficalUNESCWARoLADAshT,ExecutiveSecretary,Economicand Social Comison forWesten,x3001AddisAbabaAsiaEthiopiax11-8575+251-11-5511231Lebanonecainfo@uneca.org+961-1-981301UNECEhttps://www.unescwa.org/contactUnited Nations Economic Commissin forISBN:978-92-1-109183-0EuropelSBN:978-92-1-001183-9sNationsCH-1211Geneva10PrintISSN:1995-2074SwitzerlandOnlineISSN:2411-8370+41-22-9174444UnitedNations publicationSalesNo.E.22.iL.C.1unece_info(@un.orgCopyright@UnitedNations,2022Allrightsreserved
FOREWORDForewordThe world is now two years into the COVID-19 pandemic, and the end is nowhere in sighThehuman,economicandsocialtol fthepandemicthas been devastating.Rlishngpoverty,job bssesshredded safety nets, health-care systems pushed to the brink, and the impacts of a changing climate arplacing the Sustainable Development Goals fur ther out of reach. hnequaltes areintensfyin, setting the stane for an uncertan,uneven and unfai ecoverIn some counties, ambious vacination fol-outs and boldeconomic supprtand stimulus packagesarepavingthe way towardsrecoverBut progress isnotbeina shared enual.More than a quater of developing counties have et t achieve heir prepandemic levels f outpur hampered by severely n adequate accesst vacines and mited financil resources.Job creation has beeninsufficient to make up for earlier losses. with employment deficits disproportionally affectina women andyouth.Abainst his backdron. the isk of new Cov/nD-19 variants emerging and spreading threatens to derailaworldwillpsultinhiaher interest ates linitino borowina and const ai fisal space at exactly the time counties should be investing njobseducation, health care, and the areen economy.IFor developing countries alreadydrowning in debt, this is a recipe for defaults and prolonged economi...