UNCTAD Global Policy Model (GPM)

Changes in the global macroeconomic landscape, like the global crisis triggered by the COVID-19 shock, impacts the economic performance of developing countries and their options for effective economic policy design.

UNCTAD Global Policy Model (GPM)

The UNCTAD GPM provides an up-to-date global macroeconomic model for an evolving analysis of the world economic situation during the COVID-19 crisis and, in particular, its impact on developing countries. It helps policy makers to understand the global trends that affect their countries and provides scenarios to guide the formulation of economic policies.

The GPM first version dates back to 2007 and since 2013 it has been updated and further developed by UNCTAD. This project has extended the GPM to include 40 counties of which 30 are developing countries in Africa, Asia and Latin America and the Caribbean, enabling the analysis of the macroeconomic and financial conditions of selected LICs and MICs in the time of COVID-19.

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