UNCTAD XII

to consider impact of economic trends on development

Picked up on Weitzenegger.de, by weitzenegger, April 1, 2008.

Twelfth United Nations Conference on Trade and Development UNCTAD to take place in Accra, Ghana, 20-25 April:

Heads of state, ministers, economists to discuss better translation of globalization gains into poverty reduction; nurturing and expanding South-South trade; commodities boom; regional integration; foreign investment for development, debt management; technology; growing impact of creative economy; importance of small firms and entrepreneurship for development.

A related problem to be scrutinized in Accra is the seeming paradox that despite high growth in Asia, Latin America, and Africa, only limited reductions in poverty have been achieved, especially in the world’s 49 least developed countries (LDCs). Globalization that does not bring broadly higher living standards − especially during a halcyon period of economic growth − has governments and international economists concerned about what will be necessary to tackle the deep poverty in which hundreds of millions continue to live. It also raises questions about the world’s ability to achieve the United Nations Millennium Development Goals, which include halving extreme poverty by 2015 … (full text).

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