economy Archives - Career Meaning

Global economy shows signs of steady but subdued growth

·January 8, 2026·3 min read

The World Economic Situation and Prospects 2026 predicts that global economic output will grow by 2.7 per cent this year, or slightly below the 2.8 per cent estimated for 2025 and well below the pre-pandemic average of 3.2 per cent. The report noted that a sharp increase in United States tariffs “created new trade frictions, though the absence...

$1 towards a girl’s education = $3 for the global economy: That’s how development works

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·June 25, 2025·4 min read

Every dollar invested in girls’ education yields an average return of $2.80 – translating into billions in additional GDP. Similarly, each dollar spent on water and sanitation saves $4.30 in healthcare costs. Simple math, not miracles These aren’t miracles – they’re measurable outcomes. Maths doesn’t recognize gender or infrastructure; it...

Global economy a mixed bag, horizon uncertain: UNCTAD

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·October 4, 2023·2 min read

The UN Conference on Trade and Development (UNCTAD) reported that world economic growth is expected to decelerate from three per cent last year to 2.4 per cent through 2023, with limited signs of a rebound in 2024. These figures underscore the urgent need for reform of the global financial...

Candlenuts, chilli and chickens: Transforming Indonesia’s rural economy

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·January 25, 2023·5 min read

Wilfridus Ngala, the mayor of Inegena, a village nestled amidst the central hills of Ngada district, on Flores Island, had a vision – to turn his community of 1,100 people, most of them subsistence farmers, into an agricultural powerhouse with its own food processing industry and exports. Mayor Ngala’s idea...

ASEAN States ‘well-placed’ to advance human rights, freedoms and a strong global economy |

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·November 14, 2022·3 min read

Speaking at the 12th ASEAN-UN Summit, Secretary-General António Guterres painted a picture of many in the Global South, “battered” by COVID and the climate crisis – restricting access to food, energy, and finance – and global insecurity triggering new conflicts while making it increasingly difficult to end old ones. He...

Secretary-General upholds the importance of a single global economy |

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·November 13, 2022·3 min read

Mr. Guterres was speaking to journalists a day after addressing regional leaders attending the 12th Summit between the UN and the 10-member Association of Southeast Asian Nations (ASEAN). Avoid at all costs “As I told yesterday’s summit meeting, we must avoid at all costs the division of the global economy...