Lessons drawn from an UNCTAD study on increasing the cost competitiveness of South Asia in the textiles and clothing sector could be used to promote intra-industry trade and export diversification in Africa, UNCTAD economist Rashmi Banga told an Expert Group meeting organised by the United Nations Economic Commission for Africa (UN-ECA).
UNCTAD Secretary-General Supachai Panitchpakdi has called for a rethinking of the aid agenda to ensure that it is more supportive of building productive capacities in developing countries.
“Development and Globalization” study says less-wealthy nations may benefit from international commerce, but they also get hit by the downturns.
Developing countries have enjoyed faster growth since 2002, but even the largest among them will over the coming decade be faced with serious policy challenges, greater than those in the past, says senior UNCTAD economist Richard Kozul-Wright.
Following discussions at UNCTAD XIII in Doha between Rwandan Minister of Trade and Industry, the Hon. François Kanimba, and senior UNCTAD officials, a study of Foreign Direct Investment (FDI) in Rwanda will be conducted by UNCTAD.