The private sector in the Asia-Pacific region holds $33 trillion which could help finance sustainable development, the United Nations economic and social office in the region said, calling for greater partnerships in the social and environmental sectors, and for a reworking of the region’s financial regulations. Read more
The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and “stubbornly slow” job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. Read more