Prospects for building resilience to external shocks and mitigating their impact on trade and development
Better economic performance by developing rather than by developed countries has been a feature of the world economy over the past several years.
A lower incidence of external shocks combined with domestic policy changes that have improved developing countries' resilience to external shocks explain this performance. However, the global enabling economic environment remains fraught with uncertainties and downside risks.
To guard against such uncertainties and risks, countries need to enhance resilience to potential external shocks with a view to mitigating adverse impacts on trade and development.
This UNCTAD expert meeting will address external shocks affecting trade and development within the context of building resilience, and will examine:
- Measures needed to foster policy buffers to build resilience to external shocks.
- The role of the enabling economic environment at all levels in supporting resilience building.
- Best practices and challenges in collecting and using statistics on international trade and development to build resilience to external shocks.
The subject of the meeting is of strategic importance for government officials and other experts to gain an enhanced understanding of external shocks, within the context of building resilience and mitigating their impact on trade and development, to identify possible policies and measures to build resilience to external shocks, and to enhance their understanding of how statistics can help build resilience to external shocks and to mitigate their impact on trade and development.
Input from experts: Experts nominated by member States are encouraged to submit brief papers (approximately five pages) as contributions to the work of the meeting. The papers should be submitted to the UNCTAD secretariat in advance of the meeting and will be made available at the meeting in the form and language in which they are received. Papers, which should draw on the experts’ experience, may address one or more of the following issues:
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Topic
Macroeconomics StatisticsMeeting series
Contact
Intergovernmental Support Service
Palais des Nations
CH-1211 Geneva 10
Fax: 41 22 917 0214
E-mail: meetings@unctad.org
Chief, Office of the Director
Division on Globalization and Development Strategies