In order to achieve a sound economic recovery, central governments need to consider the services sector as a key element of their policy mix. Services play an important role in increasing productivity, efficiency and effectiveness throughout the economy. Globally, the services sector accounts for two-thirds of economic output, over
At the meeting of the UN Executive Board of Directors on 6 November this year, the Deputy Director-General of the World Trade Organization (WTO), Alan Wolff, emphasized the importance of reviving international trade cooperation to accelerate the response to the COVID-19 pandemic. supporting economic recovery and improving economic growth
A new World Bank report highlights threats to poverty reduction efforts and provides recommendations for managing them. For more than 25 years, the level of extreme global poverty has been steadily declining. Now, for the first time in a generation, the level is rising. This regression
