Published: September 25, 2019
Report calls on policymakers to ward off threat by refocusing on jobs, wages and investment
Weaker growth in both advanced and developing countries means the possibility of a global recession in 2020 is a clear and present danger, the UN has warned.
In a flagship report, the UN’s trade and development body, Unctad, said 2019 will endure the weakest expansion in a decade and there was a risk of the slowdown turning into outright contraction next year.
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