The world needs “a global new deal” to break the mold of economic thought that led to the international financial crisis, the head of the UN agency tasked with promoting trade and development says today. In a newly released report entitled Development-led globalization: Towards sustainable and inclusive development paths, the UN Conference on Trade and Development (UNCTAD) urges the international community to take decisive steps towards reforming global finance into a system allowing for more stable and inclusive economic progress.