© united nations development programme trade on human terms transforming trade for human...
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© United Nations Development Programme
TRADE ON HUMAN TERMSTransforming Trade for Human
Development in Asia and the Pacific Asia-Pacific Human Development Report 2006
© United Nations Development Programme
CONTENTS
Using international trade to promote human development
The Asia-Pacific experience
Making agricultural trade work for the poor
Adjusting to a new era for textiles and clothing
Selling services across frontiers
Trade opportunities for the poorest countries
An eight-point agenda for change
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USING INTERNATIONAL TRADE TO PROMOTE HUMAN DEVELOPMENT
Trade is not an end in itself, but a means toward the goal of better lives for all
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THE ASIA-PACIFIC EXPERIENCE
At the forefront of globalization
Sharp growth in exports, but also
in imports
Rapid decline in poverty, but a
rise in inequality
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THE ASIA-PACIFIC EXPERIENCE
Many of the open economies of Asia-Pacific, particularly in East Asia, are creating far
fewer jobs and experiencing “jobless growth”
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MAKING AGRICULTURAL TRADE WORK FOR THE POOR
With trade expansion, Asia-Pacific has become an overall food importer after
being an exporter for many years
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MAKING AGRICULTURAL TRADE WORK FOR THE POOR
Poor countriescontinue to
face determinedand unfair
protectionism inglobal agricultural
markets
New focus isnecessary onagricultural development
to defend rural livelihoods
and promote food security
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ADJUSTING TO A NEW ERA FOR TEXTILES AND CLOTHING
In the new quota-free era for textiles and clothing, Asia-Pacific has gained overall, but most of these gains have been pre-empted by China and India
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ADJUSTING TO A NEW ERA FOR TEXTILES AND CLOTHING
If countries are to survive in the post-quota era, they will have to become more competitive
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SELLING SERVICES ACROSS FRONTIERS
What was previously non-tradable
has become tradable
Short-term labour migration,business outsourcing
and special-interest tourismhave great potential to
give people unique opportunitiesto escape poverty
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SELLING SERVICES ACROSS FRONTIERS
Asia-Pacific is in the forefront of trade in services, but firm and wide-ranging action must be taken to ensure that dynamic sectors fulfill their potential
for promoting human development
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TRADING OPPORTUNITIES FOR THE LEAST DEVELOPED COUNTRIES
Asia-Pacific’s poorest countries have been keen
globalizers. But they face tough terms for accession to the World Trade Organization and are being
out-competed and overwhelmed by exports from China, while also deriving few
benefits from selling their exports in the region’s largest
market
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The poorest countries require fairer treatment by the global trade regime, redirected aid for trade and a wider range of exports in order to promote
better lives for all
TRADING OPPORTUNITIES FOR THE LEAST DEVELOPED COUNTRIES
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1. Invest for competitiveness
2. Adopt strategic trade policies
3. Restore a focus on agriculture
4. Combat jobless growth
6. Maintain stable exchange rates
7. Persist with multilateralism
8. Cooperate with neighbours
TRADE FOR HUMAN DEVELOPMENT: AN EIGHT-POINT AGENDA
5. Prepare a new tax regime