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UNCTAD - Trade and Development Report, 1981–2011: Three Decades of Thinking Development

See also "UNCTAD at 50. A short history"


Note - Contents - Acknowledgements - Foreword by the Secretary-General of UNCTAD


Part One
Trade and Development Report, 1981–2011: Three Decades of Thinking Development
1. Introduction.

A recurrent aspect of the TDR has been its, frequently implicit, discussion of the role of the State in economic activity, in general, and in economic development, in particular. The TDR has distinguished itself from reports of other organizations in taking a prudent attitude towards the merits of the free market. However, it has never served as an agent in favour of an “antimarket” ideology. Rather, it has aimed at promoting well-targeted pragmatism in policy-making.
The concern of the TDR has not been “State vs. market”, but effective policy vs. “market fundamentalism”. Accordingly, it has tried to help developing countries to create what is sometimes called a “developmental state”. In this regard the TDR has remained consistent over the 30 years of its existence.


2. Interdependence
2.1 Defining interdependence
2.2 Applying the concept of interdependence
2.3 Evolution of issues related to interdependence

3. Macroeconomics and finance
3.1 Theoretical underpinnings
3.1.1 The savings-investment relationship
3.1.2 Wages, employment and inflation
3.1.3 Implications for policy recommendations
3.2 Macroeconomic paradigm shift in the late 1970s and early 1980s
3.3 Monetary policy
3.4 Financial policy
3.5 Fiscal policy
3.6 Effects of macroeconomic policies in the North on the South
3.7 Imbalances, macroeconomic policy coordination and mercantilism
3.8 Incomes policies for employment creation and inflation control

4. Global economic governance
4.1 Introduction
4.2 Governance of international trade and commodity markets
4.2.1 Multilateral trading system
4.2.2 Bilateral and regional trade arrangements
4.2.3 International commodity markets
4.3 The international monetary and financial system: a critique
4.3.1 Financial instability and the handling of financial and payments difficulties
4.3.2 Problems of conditionality and policy surveillance
4.3.3 Exchange-rate disorder
4.4 Recommendations for reform of the international monetary and financial system
4.4.1 Policy surveillance and coordination
4.4.2 Governance of international capital flows
4.4.3 Official financing
4.4.4 Management of financial and debt crises
4.4.5 Reform of the exchange-rate system
4.5 Coherence in global governance

5. Development strategies: assessments and recommendations
5.1 Introduction
5.2 Lessons from three decades of development experience
5.2.1 Shortcomings of structural adjustment and the Washington Consensus
5.2.2 The E ast Asian development experience
5.3 TDR recommendations for development strategies
5.3.1 Domestic policies in support of industrialization and structural change
5.3.2 Strategic integration
5.3.3 The problem of policy space
6. Outlook

Notes -References

Part Two
Panel Discussion on “Thinking Development: Three Decades of the Trade and Development Report”

Part Two of this publication presents the contributions of the experts to this panel discussion. The views expressed and the designation and terminology used in these papers are those of the authors and do not necessarily reflect the views of the UNCTAD secretariat.
The last section of Part Two presents a brief summary of the discussions.


Opening statement
by Anthony Mothae Maruping

Since its inception, UNCTAD evolved from a negotiating forum to a “development think tank”, and the TDR has been the main outlet for disseminating UNCTAD’ s generated ideas. In presenting the results of the policy-oriented analysis as mandated by the diverse Conferences, TDR has served as a document laying ground for informed debate in intergovernmental bodies, primarily in UNCTAD’ s Trade and Development Board. It is also a publication accessible to a broader audience as well as to expert opinion. This remarkable attainment is worthy of celebration. A befitting celebration with a “banquet of food for thought” is what today’s event is all about.


Origins and evolving ideas of the TDR
Introductory remarks by Richard Kozul-Wright
Statement by Rubens Ricupero
Statement by Yιlmaz Akyüz

The TDR approach to development strategies
Introductory remarks by Taffere Tesfachew
Statement by Jayati Ghosh
Statement by Rolph van der Hoeven
Statement by Faizel I smail

The macroeconomic reasoning in the TDR
Introductory remarks by Charles Gore
Statement by Anthony P. Thirlwall
Statement by Carlos Fortin
Statement by Heiner Flassbeck

Evolving issues in international economic governance
Introductory remarks by Andrew Cornford
Statement by Jomo Kwame Sundaram
Statement by Arturo O’Connell

The way forward
Closing remarks by Alfredo Calcagno

If the TDR has become a useful instrument for understanding the development process and elaborating development strategies, it is because it has provided a pertinent critique of the approaches and policy advice of other international institutions. In accordance with UNCTAD’s mandate, the TDR has viewed trade and development issues from the perspective of developing and least developed countries. It has enriched the debate on development by showing the feasibility of alternative policies to those proposed by the Washington-based institutions and the neoliberal thinking and tried to break the uniformity of the “pensée unique”, which has been so pervasive among academia, the mass media and policymakers since the early 1980s, when the TDR was launched.


Summary of the debate

The debate concentrated on three issues: the way in which the Trade and Development Report has been used, the reasons why the Report often has not received appropriate recognition, and ideas for major possible themes for the Report to address in the future.



Editor: Róbinson Rojas Sandford
Global Wage Report 2012/13
Wages and equitable growth
UNCTAD Handbook of Statistics: Complete series -








World economic situation and prospects 2007 (WESP/2007)
Sales no.: E.07.II.C.2
01/01/07, 177 Pages, 1913 Kb