|Reports in IPAWorld|
|Trade & Development Report 1981-2011|
|UNCTAD´s flagship Trade and Development Report, which now has been issued annually for more than 30 years, foresaw the mounting influence of globalization on the economies of developing countries, warned of the dangers of unregulated financial flows and volatile exchange rates, and consistently argued – against the free-market orthodoxy of the 1980s and 1990s – that governments have important roles to play in helping national economies achieve steady, long-term progress.
Those are among the conclusions of the "Trade and Development Report, 1981-2011: Three Decades of Thinking Development," which traces key issues relating to the global economy and development strategies addressed in UNCTAD´s influential flagship report since 1981.
As Supachai Panitchpakdi, Secretary-General of UNCTAD notes in the preface of the publication: "The Trade and Development Report (TDR), launched as a debt crisis was about to break, became UNCTAD’s principal vehicle for offering an assessment of the evolving global situation and advancing alternative policy proposals. It is a testament to the quality of the research presented in the TDR that practically no other international agency warned countries such as Mexico or Thailand about the potential dangers of rapidly opening up their capital account, the possibility of middle-income countries becoming trapped in the low-value-added stages of international production networks, or the threat to economic and social stability from growing levels of inequality.”
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