Assignment on UN Report summary .

Submitted to

Saju Shaha
Assistant Professor
Department of Marketing
Jahangirnagar University

Submitted by
Shobuz Mia
Id:20182077

Course Name: Business Economics

Subject Code : EMBA-508
Season: Fall 2021

Submition Date : April 01 ,2022.

The United Nations Organization (UNO) or just United Nations (UN) is an intergovernmental
organization whose purpose is to maintain international peace and security, develop friendly
relations among nations, achieve international cooperation, and be a centre for harmonizing
the actions of nations. It is the world's largest and most familiar international
organization.The UN is headquartered on international territory in New York City, and has
other main offices in Geneva, Nairobi, Vienna, and The Hague (home to the International
Court of Justice).

The World Economic Situation and Prospects is a joint product of the United Nations Department of
Economic and Social Affairs (UN DESA), the United Nations Conference on Trade and Development
(UNCTAD) and the five United Nations regional commissions (Economic Commission for Africa (ECA),
Economic Commission for Europe (ECE), Economic Commission for Latin America and the Caribbean
(ECLAC), Economic and Social Commission for Asia and the Pacific (ESCAP) and Economic and Social
Commission for Western Asia (ESCWA)). The United Nations World Tourism Organization (UNWTO),
and staff from the UN Office of the High Representative for the Least Developed Countries,
Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS), and the
International Labour Organization (ILO) also contributed to the report.

EXECUTIVE SUMMARY

 The broad-based deterioration of global economic prospects may cause setbacks in

the pursuit of development goals.

 Trade policy uncertainty has taken a toll on global investment and exports.

 Trade tensions have become intertwined with financial fragilities.

 And further easing may exacerbate risks.

 Risks remain strongly tilted to the downside.

 A more balanced policy mix is needed

 National policies must be complemented by more effective global cooperation.

 Headline GDP figures miss crucial aspects of the quality of economic growth.

 Progress towards higher living standards has stalled for many.

 Eradicating poverty will increasingly rely on tackling inequality.

 Climate risks increasingly pose threats to humanity.

 While many current policy actions lack long-term vision, aggravating global risks.
 A more balanced policy mix is urgently needed

 Investment and productivity.

 Labour markets.

 Poverty, inequality and well-being

 International trade flows.

 Global financial flows and sources of vulnerability.

 Overvaluation and leveraged loans in the United States.

 Trade risks, Financial risks, Geopolitical risks, Climate risks, Downside scenario—

materializing risks

 Many countries stand to gain from the energy transition.

 but costs and benefits will not be equally shared.

 Urgent action can accelerate progress towards achieving global energy-related

Sustainable Development Goals.

 while a delay in decisive action will significantly increase the ultimate costs.

 The case for a rapid energy transition Energy gaps, the energy mix and greenhouse gas

emissions.

 Socioeconomic implications of the energy transition Fossil-fuel phase-out, electrification and

decentralization

 A policy road map for a smooth energy transition.

Thank you