From Inequality and Vulnerability to Prosperity for All
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Let’s build the resilience of poor countries by meeting their trade, finance, investment and technology needs to ensure #ProsperityForAll.
Many poor nations don’t have the financial, technical, policy and political resources to build resilience, especially to external shocks. COVID-19 exposed this situation in an unprecedented way, but UNCTAD has long called for greater support to developing nations, especially least developed countries and small island developing states.
Certain shocks are likely to become more frequent as the climate changes and markets become more uncertain, and thus the need to build resilience through better infrastructure, policies, processes and fiscal tools.