There is opportunity in adversity in every business. It may seem callous to stress opportunity in the midst of a humanitarian crisis, but leaders have an obligation to look ahead, to anticipate and meet new customer needs, to evolve their strategies and organizations, and in so doing sustain the prosperity of their enterprises.
The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are severely impacting economic activity.
A team of experts at the Organisation for Economic Co-operation and Development has observed an increase in the number of users of e-commerce services during the COVID-19 pandemic and compiled a series of recommendations on building a regulatory framework to promote further digitalization in the retail sector.
Experts from the UN Department of Economic and Social Affairs have analysed the current economic indicators in developed and developing countries and established a trend towards regional integration, conditioned by economic crisis and catalysed by the COVID-19 pandemic.
The report by UNCTAD examines how recent policy trends and practices, mainly those under the African Continental Free Trade Area, will impact prospects for more inclusive growth, given increasing inequalities both between and within countries in the region and the negative effects of the COVID-19 pandemic.
