Reinventing UNCTAD: Some Proposals for the UNCTAD Mid-term Review

Muchkund Dubey
JEL codes: 
RIS-DP # 110

Developed countries have made a concerted effort to change and dismantle UNCTAD over a period of nearly 15 years. It may take the developing countries many years to revive and reinvent the organization. But, UNCTAD must recover its voice and regain the support and respect of developing countries who have identified with it and its mission for decades. There cannot be a more opportune moment than now to begin a campaign to restore the pre-eminence of UNCTAD and bring it back to the forefront of multilateral effort to deal with the
current complex global development challenges and build a stable, viable and genuinely democratic international community. UNCTADs broad mandate is singularly suited for a new age where promoting development, democracy and equity is one of the principal challenges and pre-conditions for a peaceful and cooperative world.