The possibility of leaving the EU means that the UK now needs to revisit the questions of whether and for which countries to offer trade preferences, particularly since the key ‘enabling clause’ underpinning trade preferences does not confine preferences to least developed countries (LDCs). Let's explore the options.
CGD Policy Blogs
Here’s the commitment:
"[A]id alone is not development. Development is helping nations to actually develop—moving from poverty to prosperity. And we need more than just aid to unleash that change. We need to harness all the tools at our disposal-from our diplomacy to our trade and investment policies."
The United States could help developing countries by opening its trade with poorest countries.
WASHINGTON — With a complex and difficult situation grinding on in Libya, the uprising in Syria, war in Afghanistan and fresh uncertainty about U.S. assistance to Pakistan, many Americans feel beleaguered about international involvement.
At the same time, they recognize that the U.S. cannot disengage from a globalized world. If only there were a simple, low-cost way for the United States to intervene for good in the world.
This week, 10,000 representatives from around the world will head to Istanbul for the fourth decadal meeting of the UN conference on the Least Developed Countries (LDC-IV).
This is a joint post with Kaci Farrell.
Later this month, world leaders will meet at the UN in New York City to discuss accomplishments and challenges to meeting the Millennium Development Goals (MDGs) by the 2015 target. While their discussions will cover a range of topics and strategies, summit participants should remember the importance of trade as a development tool.
Trade preference programs can encourage investment, promote prosperity and ultimately reduce poverty in the world’s least developed countries.
As I mentioned in my last post, delegates from the least developed countries (LDCs) are meeting at multilateral institutions in Geneva to determine their priorities and objectives for the upcoming UN MDG review summit in September and the Fourth UN Conference on the Least Developed Countries (LDC-IV) conference next May.
I am pleased to announce the release of the 2006 edition of the Commitment to Development Index. Each year the CDI rates and ranks 21 rich countries on how much their policies help or hurt poorer nations. The CDI assigns scores in seven policy areas (foreign aid, trade, investment, migration, environment, security, and technology), with the average being the overall score.