Economic Growth

SouthViews No. 271, 31 July 2024

UNCTAD at 60: Reflections on six decades of promoting economic development for the Global South

By Yuefen Li and Danish

The United Nations Trade and Development (UNCTAD) celebrated its 60th anniversary in June 2024 in Geneva, holding a high-level Global Leaders Forum that brought together ministers, officials and experts to discuss the multidimensional challenges facing countries, and strategies for advancing the UN 2030 Agenda for Sustainable Development. It highlighted the need for innovative solutions to address current global crises that can promote resilience, economic growth and sustainable development.

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SouthViews No. 212, 28 January 2021

The Right to Development and its Role in International Economic Law

By Olasupo Owoeye

This paper provides a brief discussion on the right to development and examines some of the criticisms often raised against its significance as a cognizable human right. The paper argues that the principles encapsulated in the right to development represent the foundational principles of the international legal order. The right to development is therefore both a human right and an economic right. Thus, the principles it embodies are not only incorporated into the International Bill of Human Rights, they are also well reflected in World Trade Organization agreements and the field of international economic law. The paper argues that the right to development can play an important role in the interpretation and enforcement of rights under international economic law.

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SouthViews No. 192, 6 April 2020

The adverse human rights impact of economic inequality

By Blerim Mustafa

Increasing economic inequality is a defining challenge of our time. Economic growth can often be disproportionate and unequal, adversely affecting marginalized and disadvantaged groups in society. Economic inequality has had adverse economic, social and political impacts for social stability and cohesion, political participation, poverty reduction, as well as the enjoyment of human rights. The realization of human rights cannot be separated from broader questions of economic and social justice.

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SouthViews No. 108, 21 July 2014

SDGs: G77 position on economic issues and finance and technology

By Mr. Peter Thomson

The Group holds the view that the post-2015 development agenda should build on existing commitments and lessons learned from the implementation of the MDGs to ensure that new initiatives, both at international and national levels, reinforce previous successes while address important implementation gaps and systemic shortcomings.

We believe a transformative global development agenda must fulfill five key policy objectives: rapid and sustained economic growth; industrialisation; full employment; greater distributional equity; and environmental sustainability. (more…)

SouthViews No. 30, 14 August 2012

What Explains the South’s Recent High Growth — And Can It Continue?

By Yilmaz Akyüz

Recently there emerged a view that developing countries had “de-coupled” their economies from the developed countries and had taken off to a path of high growth. But this is an overly-optimistic view. This article by the South Centre’s Chief Economist examines the growth record of developing countries and analyses how the good performance was based mainly on external factors that no longer exist. The next issue of SouthViews will have a follow-up article on the need for a new development strategy in the South.

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SouthViews No. 25, 26 July 2012

The Staggering Rise of the South?

By Yilmaz Akyüz

The theory that developing countries have de-coupled from growth in advanced economies and can continue with high growth even during the global slowdown is not based on proper examination of facts. A South Centre paper challenges the concept of the inexorable rise of the South. This is a summary of the arguments.

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