Unctad
...analyses of economic performance trade and investments gives a snapshot of trends in global growth and composition of demand, payment balances and determinants across regions and countries, external resources and international trade in merchandise and resources.
The foreword to the book, written by the Secretary-General of UNCTAD, Mr Supachai Panitchpakdi, points out the key roles being played by developing economies in the global economy. He notes in his foreword the “quick” and “fundamental” emergence of developing economies: “The biggest and fastest-growing developing countries nowadays are considered to stabilize the world economy due to their dynamism and their openness. Developing countries accounted for 37% of world merchandise exports in 2006 on a rising trend. Moreover, as many developing countries have achieved current account surpluses, they have become important providers of capital for the rest of the world.”
Reiterating a point made prior to the UNCTAD XII session, Mr Panitchpakdi said a second generation of globalisation was emerging, with a distinctive characteristic being economic multipolarity in which greater roles were played by the South. Today, no negotiation of an international economic agreement is conceivable without the presence of China, India, Brazil and South Africa at the table. The new economic weight of some developing countries creates significant opportunities for the rest of the developing world. It also highlights the need for policy diversity rather than uniformity.
This new edition of Development and Globalization: Facts and Figures illustrates UNCTAD´s independent research in the areas of its core mandate, namely the integrated treatment of trade, development and interrelated issues in the fields of finance, technology, investment and sustainable development, and its endeavours in the area of statistics.
Development and...
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