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Global Slowdown: The LCDs' Sword of Damocles

The warnings of a new UNCTAD report

The world´s 50 poorest nations saw the values of their exports climb by a collective 80% from 2004-2006 and recorded their highest rates of economic growth in 30 years, even surpassing the 7% target set by their governments and their development partners. But their increased dependence on selling a few unsophisticated products – primarily petroleum, low-technology manufactures, minerals, ores, metals, and farm goods – leaves them vulnerable to a reversal, this year’s LDC report of UNCTAD warns. By Carla September

The Least Developed Countries Report 2008 (see reference) cautions that a global economic slowdown, if it continues, may lessen demand for the primary commodities the so-called LDCs have to offer and lead to a repeat of the boom-and-bust cycles that have long tormented LDC economies. These countries have a strong need to diversify what they produce and sell on world markets, the report urges ...

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African Despotism and European Double Standards / Change IMF Policies Before Sale of Gold

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WDEV Recent Issues

Issue 1-2/Jan-Jun 2017
The end of US hegemony + Financing for development? Mostly not! + Turkey at the crossroads
Issue 1-4/Jan-Dec 2016
The Brexit is not gender-neutral + Poverty reduction at risk + ITUC Rights Index 2016 + Europe's multiple crises
Issue 3-4/Jul-Dec 2015
Left losses in Latin America + World Bank's gender strategy + Markel's victory in Greece
Issue 1-2/Jan-Jun 2015
Tax avoidance and investment policy + Alternatives to stagnation in Europe + New labour standard + Rehabilitating the c word
Issue 4/Oct-Dec 2014
Challenging 2015 + PPP and infrastructure + The case of Ebola + OECD and tax avoidance + Juncker's new European Commission
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