Globalization, Export-Led Growth and Inequality: The East Asian Story
Over the last three decades, several East Asian economies have grown by leaps and bounds. The success of their export-led growth model is regarded, and copied, by many emerging economies as a sure path to achieve high-income status. But with impressive growth came worsening inequality both in personal income and functional income distribution. (more…)
Obstacles to Development in the Global Economic System
I. Obstacles to Development Arising from the International System
As the international community wades into the political discussions regarding the alternatives to the Millennium Development Goals (MDGs) after 2015 and the design of the Sustainable Development Goals (SDGs) as mandated by the Rio+20 conference, it is timely to consider the question of whether development is a matter mostly of individual effort on the part of nation-states or whether there are elements in the international economic system that could serve as significant obstacles to national development efforts. (more…)
The Millennium Development Goals (MDGs) are in the news. It is ten years since these were adopted by the United Nations. And, in late September 2010, political leaders from across the world gathered in New York for a meeting of the General Assembly to discuss the past decade and the next quinquennium. This is the life span of the MDGs which are the focus of attention among people for different reasons. (more…)
Some preliminary thoughts on new international economic cooperation.
The developed countries have acted as engines of economic growth in the world for nearly half a century; but they may not continue to have that role for long. With their negligible population growth and low level of GDP growth, they are unlikely to generate significant additional consumer demand. (more…)
EPAs: The Wrong Development Model for Africa And Options for the Future.
The EPAs provide the wrong development model for Africa, and will jeopardize African countries’ development and regional integration prospects, rather than support them. Until now, only 10 out of 47 African countries have signed the EPA – most are dragging out the negotiations because they are reluctant or are resisting signing, due to their anti-developmental content. (more…)
As trade ministers prepare to assemble November 30 in Geneva for further WTO talks, they are hearing another round of new and refurbished projections of how much wealthier the world might be after liberalizing trade. (more…)
Industrialisation and Industrial Policy in Africa: Is It a Policy Priority?.
The importance of industrialisation as an engine of economic growth and development cannot be overstated. Industrial production creates job opportunities at higher skill levels, facilitates denser links across the services and agricultural sectors, between rural and urban economies and between consumer, intermediate and capital goods industries. (more…)
Developing country perspectives on the role of the Development Cooperation Forum: building strategic approaches to enhancing multilateral development cooperation.
This Analytical Note follows up the study on stakeholder perspectives on the Development Cooperation Forum (DCF) prepared by the South Centre entitled “Reshaping the International Development Cooperation Architecture: Perspectives on a Strategic Development Role for the Development Cooperation Forum” (more…)
Reshaping the international development cooperation architecture: perspectives on strategic development role for the Development Cooperation Forum.
This Analytical Note presents the findings of a research project undertaken by the South Centre designed to gather insights and perspectives from various stakeholders – including developing country governments and civil society. (more…)