Despite lacking both evidence and theory, many economists claim trade liberalisation accelerates development. But only a few economies have gained many jobs from external market access.
Most economies have experienced greater deindustrialisation and food insecurity, besides deepening their vulnerability to recent tariff threats
Trade Liberalisation Undermines Development | Inter Press Service
The 16th Ministerial Conference of the United Nations Conference on Trade and Development (UNCTAD 16) took place last week amid global trade disruptions and a severe funding crisis across the UN system. While these challenges underscore the growing importance of UNCTAD’s role as a heterodox body for trade and other economic policies, they also made it a difficult moment to define the organization’s mandate for the next four years. Nevertheless, the outcome document was adopted by consensus and it includes several noteworthy innovations to UNCTAD’s role.
UNCTAD 16 conference in Geneva: The right conference at the wrong time | Global Policy Forum Europe
At a time when developing countries are under fiscal pressure and struggling to invest in future growth, the United States could come to the rescue – and without putting one cent of its own money on the line. Rarely has there been a better moment for a new issuance of the International Monetary Fund’s global reserve asset.
How Trump Could Win Over the Developing World by Vera Songwe – Project Syndicate
High capital costs as an obstacle to development
Whose interests are seen? Whose voices are heard?
Civil society highlights the real impacts of the Global Gateway ahead of EU Forum – Eurodad
The World Bank’s 1981 Berg Report provided the blueprint for structural adjustment, including economic liberalisation in Africa. Urging trade liberalisation, it promised growth from its supposed comparative advantage in agriculture.
No African Development from Western Trade Policies | Inter Press Service
A research paper of the South Centre: what about the South South cooperation?
China’s epoch-changing success in complete eradication of extreme poverty by the end of 2020 has many lessons for other developing countries, including India, that still have a large burden of poverty. India and China, as the only two nations with populations over one billion, should expand all-round cooperation based on mutual learning. Without any doubt, this will prove highly beneficial to inclusive Global Development.
Report of a side event at FfD4, South Centre
Blueprint for EU budget threatens Europe’s role in global development
Blueprint for EU budget threatens Europe’s role in global development – Eurodad
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