CHAPTER II THE FUTURE OF GLOBAL TRADE World Economic Situation Prospects United Nations New York, 2022WORLD ECONOMIC SITUATION AND PROSPECTS 2022 The World Economic Situation and Prospects 2022 is a report produced by the United Nations Department of Economic and Social Affairs (UN DESA), in partnership with the United Nations Conference on Trade and Development (UNCTAD) and the five United Nations regional commissions: Economic Commission for Africa (UNECA), Economic Commission for Europe (UNECE), Economic Commission for Latin America and the Caribbean (UNECLAC), Economic and Social Commission for Asia and the Pacific (UNESCAP) and Economic and Social Commission for Western Asia (UNESCWA). The United Nations World Tourism Organization (UNWTO) also contributed to the report. For further information, visit https://www.un/en/desa or contact: UN DESA UNECLAC Liu Zhenmin , Under-Secretary-General Alicia Bárcena , Executive Secretary Department of Economic and Social Affairs Economic Commission for Latin America and the Caribbean Av. Dag Hammarskj?ld 3477 Vitacura Room S-2922 United Nations New York, NY 10017 USA Santiago, Chile Chile ( ? 2022: And