| |
| | UNCTAD: Time to Lead, Time to Challenge the WTO |
 | | UNCTAD and Group of 77 pressure was also central to the IMF's establishing a new window, the Compensatory Financing Facility (CFF), which was meant to assist Third World countries in managing foreign exchange crises created by sharp falls in the prices of the primary commodities they exported. |
 | | UNCTAD should instead be putting forward an arrangement where trade, development, and environment issues must formulated and interpreted by a wider body of global organizations, including UNCTAD, ILO, the implementing bodies of multilateral environmental agreements, and regional economic blocs, interacting as equals to clarify, define, and implement international economic policies. |
 | | UNCTAD should become, as Secretary General Ricupero put it recently in Berlin, a "world parliament on globalization."(16) But this should be a parliament with teeth, with actual legislative power and executive power in the nexus of trade, finance, development, and environment. |
| www.focusweb.org /publications/2000/UNCTAD.htm (3324 words) |
|