Trade success should be measured in contribution to national economy - COC intervention at UNCTAD XIII Hearings (March 2012)

Rethinking Bretton Woods | Sun, Mar 11, 2012

As part of the preparatory process for the coming quadrennial conference of UNCTAD, RBW Project Director was one of the speakers at a Hearing with Civil society being held on March 7, 2012, in Geneva, Switzerland. The theme of the conference will be "Development-led globalization: Towards Inclusive and Sustainable Growth."

In his statement, he called for a renewed vision for linking trade and financial policies. "The structural reforms prescribed for developing countries were oriented to an export-led model whose measure of success was the volume of exports.  There was little attention paid to the structure of exports or their connection to national production and value-added," he said.