The 2010 UNCTAD Annual Report provides an overview of UNCTAD's work towards development-led globalization, such as contributions to the eradication of extreme poverty in least developed countries (LDCs); helping countries benefit from trade; enabling productive capacities from investment and enterprise development; and modernizing economies.
September 2011: The 2010 Annual Report of the UN Conference on Trade and Development (UNCTAD) summarizes UNCTAD’s research and cooperation activities towards development-led globalization.
The report details UNCTAD’s work and achievements in several areas, including: tackling persistent and emerging challenges; contributions to the eradication of extreme poverty in least developed countries (LDCs); helping countries benefit from trade; enabling productive capacities from investment and enterprise development; and modernizing economies.
In his foreword, UNCTAD Secretary-General Supachai Panitchpakdi points to the negative consequences of finance-led globalization, which has created immense inequalities and unsustainable wealth, while being indifferent to the externalities of growth. He makes the case for development-led globalization, which recognizes the need for rebalancing relations between debtor and creditor nations, trade-surplus and trade-deficit economies and between the state and the market, noting that the 13th UNCTAD Conference, to be held in 2012, will provide an opportunity to to reflect on lessons learned from the economic crisis and present an alternative policy agenda for globalization. [Publication: UNCTAD Annual Report]