Trade and Development Report 2023

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UNCTAD warns of stalling and divergent global growth.

World economic growth is projected to slow from 3% in 2022 to 2.4% in 2023 with few signs of a rebound next year.

The global economy is at a crossroads. Divergent growth paths, widening inequalities, growing market concentration and mounting debt burdens cast shadows on its future.

UNCTAD calls for institutional reforms of the global financial architecture, more pragmatic policies to tackle inflation, inequality and sovereign debt & stronger oversight of key markets.

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