The COVID-19 pandemic has resulted in the Least Developed Countries (LDCs) this year experiencing their worst economic performance in 30 years, the United Nations Conference on Trade and Development (UNCTAD) has said.

In its Least Developed Countries Report 2020, released on 3 December, UNCTAD said that while the pandemic had (at least initially) a less-than-catastrophic health impact on the LDCs, its economic repercussions have been ruinous.

In 2020, the COVID-19 pandemic led to LDC economies experiencing their strongest economic shock in several decades.

The Least Developed Countries (LDCs) have been hit hard by the decline in world trade triggered by the COVID-19 pandemic, with the value of LDC merchandise exports falling by 16% during the first half of 2020, the World Trade Organization has said.

In a report to a meeting of the WTO Sub-Committee on LDCs last week (WT/COMTD/LDC/W/68), the WTO Secretariat said that data from 97 economies, which include most of LDCs' key trading partners, show that the value of LDC merchandise exports dropped by 21% during March-June 2020 year-on-year.

This was the theme of today’s session of the 11th Regional Assembly of the Latin American Campaign for the Right to Education (CLADE), which is taking place from October 13 to November 26, this year.

Carrying out a process leading to the Assembly, a series of seven virtual public meetings are being organized, in which the current regional and international situation of the human right to education is analyzed, contributing to the definition of political action strategies for CLADE’s network in the next two years.

Supported by a supermajority in parliament and three landslide elections, in 2010, 2014 and 2018 the government of the Fidesz party, led by Prime Minister Viktor Orbán has severely undermined the system of checks and balances, eliminated political and professional autonomy of most of the state institutions and allowed the capture of the state by influential groups – oligarchs and political players.

In October 2019, after years of paralysis and disarray of the Hungarian opposition, they obtained a surprise victory at the municipal elections, announcing changes that are still too early to predict.

Nepal should recover from the human and economic devastation caused by COVID-19 by accelerating efforts to achieve SDGs.

Nepal needs clamor for policy attention and scarce resources, there is great temptation during crisis to react only for the immediate term. That would be a big mistake: as every recent crisis has revealed, Nepal is extremely vulnerable to underlying threats that can quickly become existential for large sections of the population.

Syndicate content