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Trade and Development Reports (TADR):
TRADE AND DEVELOPMENT REPORT 2006
Global partnership and national policies for development

Since 2002, world economic expansion has had a strong positive impact on growth and helped support progress towards the United Nations Millennium Development Goals (MDGs). Most developing countries have benefited from this growth momentum as a result of strong demand for their exports of primary commodities and, to an increasing extent, of manufactures. However, global economic imbalances continue to pose a risk to the outlook of the world economy.

A number of other changes in the external environment for development over the past 10 to 15 years have benefited individual developing countries in different ways, depending on their economic structure and state of development. These include some improvements in market access, provision of debt relief and commitments by donors to substantial increases in ODA, as well as new opportunities to benefit from FDI and increasing migrants´ remittances.

In order for all developing countries to reach the MDGs and to reduce the large gap in living standards with the more advanced economies, the global partnership for development, stipulated in Goal 8 of the MDGs, needs to be strengthened further. Much depends on the ability of developing countries to adopt more proactive policies in support of capital formation, structural change and technological upgrading, and on the latitude available to them in light of international rules and disciplines.

The Trade and Development Report 2006 offers relevant ideas and general principles for designing macroeconomic, sectoral and trade policies that can help developing countries to succeed in today´s global economic environment. Particular attention is given to policies that support the creative forces of markets and the entrepreneurial dimension of investment.

The Report also argues that a global partnership for development will be incomplete without and effective system of global economic governance. Such a system should take into account the specific needs of developing countries. At the same time it should ensure the right balance between sovereignty in national economic policy-making on the one hand, and multilateral disciplines and collective governance on the other.

Book information
UN Symbol: UNCTAD/TDR/2006
Sales no.: E.06.II.D.6
Date of publication: 31/08/06
ISBN: 92-1-112698-3
ISSN: 0255-4607
No. of pages: 280
Price:
US$ 50 (Developed countries)
US$ 19 (Developing countries)
To order: Order form

Table of contents:

Foreword
Overview
Foreword & Overview [PDF, 37pp., 349KB]
Chapter I
GLOBAL IMBALANCES AS A SYSTEMIC PROBLEM
A. Global growth
B. Turbulences in financial markets
C. The systemic character of the global imbalances
D. Low real interest rates: global savings glut versus global monetary conditions
Notes
References
Annexes to Chapter I
Chapter I and Annexes [PDF, 46pp., 1,078KB]
Chapter II
EVOLVING DEVELOPMENT STRATEGIES - BEYOND THE MONTERREY CONSENSUS
A. Introduction
B. The emergence of the "Washington Consensus"
C. The outcome of orthodox reforms
D. Second-generation reforms and debt reduction
E. The MDGs and the Monterrey Consensus
F. Beyond the Monterrey Consensus
G. Towards a fundamental policy reorientation
Notes
References
Chapter II [PDF, 34pp., 594KB]
Chapter III
CHANGES AND TRENDS IN THE EXTERNAL ENVIRONMENT FOR DEVELOPMENT
A. Introduction
B. Export opportunities for developing countries
C. Debt relief and official development assistance
D. Migrants´ remittances
E. A strengthened role for FDI?
F. Conclusions
Notes
References
Annex tables to Chapter III
Chapter III and Annexes [PDF, 56pp., 1619KB]
Chapter IV
MACROECONOMIC POLICY UNDER GLOBALIZATION
A. Introduction
B. Coping with the macroeconomic implications of liberalization and globalization
C. Macroeconomic policies in support of a dynamic investment and growth process
D. Towards a new assignment of policies
Notes
References
Chapter IV [PDF, 24pp., 527KB]
Chapter V
NATIONAL POLICIES IN SUPPORT OF PRODUCTIVE DYNAMISM
A. Introduction
B. Stimulating the dynamic forces of markets
C. Restrictions imposed by international agreements on policy autonomy: an inventory
D. Industrial dynamism and national policies: recent experiences
E. Conclusions: options for policy innovation
Notes
References
Chapter V [PDF, 58pp., 516KB]
Chapter VI
INSTITUTIONAL AND GOVERNANCE ARRANGEMENTS SUPPORTIVE OF ECONOMIC DEVELOPMENT
A. Introduction
B. National institutional and governance structures in support of sustained economic growth
C. Multilateral institutions and global economic governance
Notes
References
Chapter VI [PDF, 28pp., 393KB]

Back to Trade and Development Reports (various years)

UNCTAD Handbook of Statistics: 2002 - 2003 - 2004 - 2005 - 2006/07

World Investment Reports (WIR)
World Investment Reports (selected statistics)
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UNCTAD investment brief, No. 1, 2007, Foreign direct investment surged again in 2006 (UNCTAD/ITE/IIA/MISC/2007/2)
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World economic situation and prospects 2007 (WESP/2007)
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UNCTAD investment brief BRIEF, No. 5, 2006, Top TNCs present in 40 host countries on average (UNCTAD/WEB/ITE/IIA/2006/10)
01/12/06, 2 Pages, 55 Kb