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Liberalization and globalization: the issues at stake for the South and the UNCTAD

Singh, Ajit and Zammit, Ann (1996): Liberalization and globalization: the issues at stake for the South and the UNCTAD. Published in: Special Report - South Centre Background Paper (1996): pp. 1-52.

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Abstract

Abstract

UNCTAD IX is taking place at an important historical juncture. The conclusion of the Uruguay Round negotiations and the establishment of the World Trade Organization have contributed to the emergence of a new world order in matters extending well beyond traditional trade matters. What the implications of the new order are for developing countries and how these should be addressed are central questions for UNCTAD IX.

It is argued, particularly in the multilateral financial institutions, and within organizations of the developed countries, that the new system will be of immense benefit to the South and that developing countries should therefore hasten to integrate themselves fully into the world economy.

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