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THIRD WORLD ECONOMICS

Issue No. 596 (1-15 July 2015)
UN members at odds over development agenda


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North-South differences persist over “political declaration” of post-2015 agenda
The UN member states are split, mainly between developed and developing countries, as they seek to craft a document setting a global post-2015 development agenda due to be adopted in September. These divisions were in evidence during the latest round of talks in June, as Mirza Alas reports in the following two articles.

Members divided over means of implementation
by Mirza Alas

Nairobi meet can’t end Doha Round without “credible” developmental outcomes
Meeting with trade diplomats from selected countries on 1 July, the Kenyan foreign minister, who will chair this December’s WTO Ministerial Conference in Nairobi, said the Doha Round talks cannot be wrapped up without “credible” development-friendly results.
by D. Ravi Kanth

Canadian move for “new landing zones” spurned
A Canadian initiative to advance the Doha Round agriculture talks has met with rejection from major developing countries for veering from existing mandates for the Round.
by D. Ravi Kanth

US, EU block permanent solution on food security public stockholding
The US and the EU have come out against a proposal in the WTO aimed at enabling developing countries to maintain public food stocks for food security purposes.
by D. Ravi Kanth

UN body to elaborate treaty on TNCs/human rights holds first session
As a UN body tasked with drawing up a global instrument on business and human rights met for the first time, it was reminded of its “ultimate objective”: strengthening the protection of human rights against corporate abuses.
by Kanaga Raja

Despite scepticism, UN hails its anti-poverty programme
The UN has lauded the achievements of the Millennium Development Goals in tackling global poverty, but civil society activists are less impressed.
by Thalif Deen

Financial transaction tax could boost development goals
Taxing financial trades has the potential to not only curb speculation in the financial markets but also generate funds for development.
by Nora Happel


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