UN : Free Trade against interests of LDCs
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- lowimpakt
UN Report Declares Free Trade to be against the interests of the LDCs
from press release 27 May 2004
"UNCTAD´s Least Developed Countries Report 2004, released today , provides the first comprehensive empirical analysis of the relationship between trade and poverty in the least developed countries (LDCs). The Report shows that export growth was rarely associated with sustained poverty reduction in the LDCs during the 1990s, even though trade contributes a high proportion of their GDP and most of them have undertaken far-reaching trade liberalization.
Persistent mass poverty in the LDCs is not due, according to the Report, to lack of integration into the global economy, nor to insufficient trade liberalization, but is rather the consequence of underdevelopment. In fact, the evidence indicates that the extensive trade liberalization has thus far not resulted in a form of integration that will support sustained and inclusive development. Moreover, trade liberalization has actually worsened the trade balance in LDCs."
press release : www.unctad.org/Templates/webflye…...
- blackspade0
wha happend to the moore thread ? boo