World population continues to grow and is expected to peak at a level of almost 11 billion around the year 2100. Most of this growth will take place in low-income and lower middle-income countries.

The 24th Session of the CDP Plenary was held from 21-25 February 2022 in virtual format.

Central banks have relied heavily on unconventional monetary policy tools, especially large-scale asset purchases, to respond to the pandemic. These programmes have helped to stabilize financial markets and kickstart economic recovery. But the central bank asset purchases have also contributed to an underpricing of risk and sharp increases in asset prices.

Prof. Ocampo stressed that productive capacity is at the center for achieving sustainable development as countries recover from COVID-19

The world has emerged from the depths of a paralyzing economic crisis, but recovery remains fragile amid the lingering pandemic, persistent labour market challenges, ongoing supply-chain disruptions and rising inflation.

Report on the different aspects of LDC graduation and the textile and clothing sector in Asian graduating LDCs