Displaying results 1 - 9 of 9
Global economy at 'critical juncture', UNCTAD economist tells UN delegates in New York
3 Oct 2012
The Director of UNCTAD's Division on Globalization and Development Strategies has warned the delegates attending the General Assembly that "misguided" steps are limiting recovery from the global slowdown. He urged measures to boost income equality so that consumer demand is stimulated.
Teamwork urged to restart global growth, all in same boat, say panellists at UNCTAD Board
19 Sep 2012
The interdependent nature of the world economy requires a coordinated effort to re-energize the faltering recovery from the global financial crisis, panellists told the UNCTAD Trade and Development Board yesterday afternoon under the agenda item on “Interdependence: Coordinating stimulus for global recovery.”
Reducing income gaps termed vital for economic recovery
19 Sep 2012
Greater income inequality is reducing economic demand, hindering the current recovery, and limiting future growth, speakers told the Trade and Development Board (TDB). They said governments should help to reverse the trend.
Global re-balancing required says Dr. Supachai at investors forum in Hong Kong
12 Sep 2012
"No country will be spared in the case of a new financial shock in the developed countries," UNCTAD Secretary-General Supachai Panitchpakdi told the 19th CLSA Investors' Forum in Hong Kong yesterday, and warned that a renewed shock "would provoke a stream of capital flows reversals, shrinking global trade volumes and falling commodity prices with negative consequences for all."
Nobel Laureate Joseph Stiglitz calls for "Right to Trade" and a Global Trade Facility fund administered by UNCTAD
30 Aug 2012
At a roundtable discussion convened by the Commonwealth Secretariat yesterday at Marlborough House in London, Columbia University Professor Joseph Stiglitz, recipient of the Nobel Memorial Prize in Economic Sciences, and LSE economist Andrew Charlton reiterated their call for the WTO to enshrine the "Right to Trade" within its dispute settlement system, and for the setting up of a Global Trade Facility fund administered by UNCTAD to assist countries maximise benefits of new market access won through the dispute settlement system and compensate for any losses.
Lao PDR on target to complete WTO accession process in 2012
9 Aug 2012
The Lao People's Democratic Republic, a land-locked LDC, is set to complete its WTO accession process by the end of this year. "The Lao PDR has come a long way this past decade ... we have made a herculean effort," said Dr. Nam Vinhaket, Minister of Industry and Commerce.
Impact of non-tariff measures need to be addressed, says UNCTAD
29 Jun 2012
In a panel discussion at the 15th Annual Conference on Global Economic Analysis organised by GTAP (Global Trade Analysis Project) of Purdue University at the Geneva International Convention Centre on 28 June, UNCTAD representatives raised concerns about the wide array of non-tariff measures and policies currently in place which have restrictive and distortionary effects on international trade and impose disproportionate costs on poorer developing countries.
UNCTAD Secretary-General in Hong Kong, China, for inaugural Asia-Global Dialogue 2012
1 Jun 2012
The challenges of lifting people out of poverty through inclusive development, putting finance back in the bottle and making the leap to a low-carbon future are all very closely interconnected, UNCTAD Secretary-General Supachai Panitchpakdi told the inaugural Asia-Global Dialogue 2012 being held in Hong Kong, China, from 31 May to 2 June.
UNCTAD S-G attends World Economic Forum on East Asia 2012 in Bangkok
31 May 2012
Reducing restrictions on temporary movement of all labour categories could open win-win opportunities for both sending and receiving countries, UNCTAD Secretary-General Supachai Panitchpakdi told the interactive sessions on Reducing Obstacles to Travel Mobility, and on Enabling Trade, at the WEF conference on East Asia in Bangkok on 30 May.