Industrial and developmental aspects of Chinese textile & clothing
25 Oct '06
3 min read
Robert Wilson, tralac's Capacity Building Manager, comments on the industrialization and developmental aspects of the Chinese textile and clothing controversy.
The United Nations Conference on Trade and Development (UNCTAD) recently published its 2006 Trade and Development Report with the theme “global partnerships and national policies for development.”
The report notes that since 2002 world economic expansion has had a strong positive impact on growth and helped support progress towards the United Nations Millennium Development Goals.
Most developing countries have benefited from this growth momentum as a result of strong demand for their exports of primary commodities and, to an increasing extent, of manufactures.
In addition, a number of other changes in the external environment for development have benefited individual developing countries in different ways, depending on their economic structure and state of development.
However, the report notes that much still depends on the ability of developing countries to adopt more proactive policies in support of capital formation, structural change and technological upgrading, and on the latitude available to them in light of international rules and disciplines.
Recognising that explanations of the diversity in the pattern of development between countries and regions, and determining what government policy can do to help achieve economic catch-up, is among the oldest and most controversial issues in economics, the report usefully sketches this debate.
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