The report is a jointly published by the United Nations Department of Economic and Social Affairs (UN-DESA), the United Nations Conference on Trade and Development (UNCTAD).
This year report marks the 70th anniversary of the publication.
It is the flagship report on the state of global economy.
It states that, India is set to see the growth accelerating to 7.2% in 2018-19 and 7.4% in 2019-20, up from the 6.7% in 2017-18.
UN-DESA
UN-DESA is based at UN Headquarters in New York.
It is an entity of the UN Secretariat responsible for economic, social and environmental issues.
It promotes international cooperation in the pursuit of sustainable development.
It helps countries individually and regionally to formulate and implement national development strategies.
It publishes “Sustainable Development Goals Report” which is the annual assessment of global and regional progress towards the Goals.
UNCTAD
It is headquartered in Geneva, Switzerland.
It is a part of the United Nations Development Group (UNDG).
It was formed specifically to handle the problems of developing countries dealing with trade, investment and development issues.
Other reports published by UNCTAD – Trade and Development Report, World Investment Report, The Least Developed Countries Report, Information and Economy Report, Technology and Innovation Report and Commodities and Development Report.