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UN economists fear developing countries could be hit with new ‘resource curse’

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People living in countries rich in the minerals needed for the transition to a net-zero carbon global economy could find themselves victims of a new “resource curse”, remaining in poverty despite the new-found wealth of their leaders.

This is one of the findings of economists at the UN Department of Economic and Social Affairs (DESA), in their latest prediction of the state of the world economy in the coming months ( the World Economic Situations and Prospects mid-year update), which was released on 16 May.

Hamid Rashid, an economist at DESA and the lead author of the report, explained to Conor Lennon from UN News how nations can prosper from the cleaner energy future, and why the economy is still all suffering from a COVID-19 hangover.

  continue reading

104 episodes

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Fetch error

Hmmm there seems to be a problem fetching this series right now. Last successful fetch was on June 11, 2024 17:47 (1d ago)

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Manage episode 418788655 series 2829213
Content provided by UN Global Communications (Digital Solutions Unit) and United Nations. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by UN Global Communications (Digital Solutions Unit) and United Nations or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

People living in countries rich in the minerals needed for the transition to a net-zero carbon global economy could find themselves victims of a new “resource curse”, remaining in poverty despite the new-found wealth of their leaders.

This is one of the findings of economists at the UN Department of Economic and Social Affairs (DESA), in their latest prediction of the state of the world economy in the coming months ( the World Economic Situations and Prospects mid-year update), which was released on 16 May.

Hamid Rashid, an economist at DESA and the lead author of the report, explained to Conor Lennon from UN News how nations can prosper from the cleaner energy future, and why the economy is still all suffering from a COVID-19 hangover.

  continue reading

104 episodes

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