Title of article :
Challenges facing UNCTAD in the International Trade Trends: Before and After the Cold War
Author/Authors :
Jeyrani Hokmabad, Alireza Diplomacy and International Organizations , Khezri, Roya Internation Relations
Abstract :
The article depicts the situation before Cold War in which developing countries (DCs) and least Developed countries (LDCs) found themselves big loser, as they were deprived from participation in trade negotiation process, leading into establishment of GATT . Therefore, they resorted to UNCTAD as the sole defender of their interests against Developed Countries in trade negotiations. UNCTAD has encountered with some serious challenges since its establishment in 1964.The climax of the challenges were in 1995when WTO was established and coincided with UN reform as well as in-dustrial world opposition to UNCTAD position against them. Finally, the challenges made UNCTAD transform its ideology from confronting with globalization and trade liberalization to partnership for development through capacity building for DCs and LDCs to take more benefit from new international trade negotiations which globalization had imposed. The challenges also compelled UNCTAD to with-draw from its preliminary idealistic ideology of creation of new international economic order. The im-plication of the challenges also changed UNCTAD from an organization, issuing powerful resolutions against developed countries into a body implementing capacity-building activity especially for the non-member developing and least developed countries of WTO for accession to the organization. This arti-cle will answer the main question whether UNCTAD could keep up its preliminary ideology on inter-national trade or faced with serious challenges made it change its ideology and intergovernmental ma-chinery. In addition, it will shed light on the challenges imposed on its three pillars namely technical assistance, independent research and analysis as well as consensus building
Keywords :
Developed Countries , Developing Countries , Least Developed Countries , International trade , UNCTAD , WTO , Development
Journal title :
Astroparticle Physics