Diversification

The global economy has faced a series of persistent and emerging challenges to ensuring stable economic growth, including, among others, commodity dependence, weak information and communications technologyInformation and communications technology (ICT) is a diverse set of technological tools and resources used to transmit, store, create, share or exchange information. These resources include computers, the Internet, live broadcasting technologies, recorded broadcasting technologies and telephony -—
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—-. infrastructure, and challenges in transport and trade logistics. Digitalization has changed the way that people produce, consume, trade and live, but digital divides risks leaving many behind. To respond to these challenges, member States in Bridgetown -—
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—- called for strengthening the international maritime and air transport networks, enhancing the role of services and building productive capacitiesUNCTAD defines productive capacities as consisting of the productive resources, entrepreneurial capabilities and production linkages that together determine a country’s ability to produce goods and services that will help it grow and develop -—
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—- of developing countries to facilitate economic diversification. These themes are discussed based on an analysis of SDGSustainable Development Goal indicators and other official statistics in the following sections:

1. Towards sustainable industrialization and global access to high technologies
2. Resilient and sustainable transport is a pre-condition for an inclusive world of shared prosperity
3. Digital technologies are key to economic diversification

References

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