Home / Knowledge / News / Textiles / Technical capabilities & flexibility to power economic growth says UN Report

Technical capabilities & flexibility to power economic growth says UN Report

01
May '07
Developing countries need greater technological capabilities and flexibility to succeed in an increasingly competitive and fast paced global environment, according to a new report by the United Nations Department of Economic and Social Affairs.

The “Industrial Development for the 21st Century: Sustainable Development Perspectives,” was launched , the opening of a two-week session of the UN Commission on Sustainable Development that will focus on energy, climate change, air pollution and industrial development.

The 432-page volume examines industrial development as central to the process of structural transformation which characterizes economic development. It points to new challenges and opportunities facing today's industrialisers as a result of globalization, technological change and international trade rules. It also discusses social and environmental aspects of industrial development.

José Antonio Ocampo, UN Under-Secretary-General for Economic and Social Affairs, said at the report's launch that industrialization, an essential element of classical development economics, remains crucial to the process of development. But many developing countries, he said had been undergoing “the unfortunate experience of deindustrialization.”

Part of the problem, he said, was that in recent years there had been “an obsession with productivity,” that had not been properly linked with finance, technology or marketing. “Industrial development has to be inclusive on a broad base, and depends on the generation of employment,” he said.


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 28th Sep 2021

California 1st US state to require hourly wages for garment workers

Taking historic and decisive action to help keep workers safe on the...

Pic: ADB

Textiles | On 28th Sep 2021

ADB approves $250-mn loan to support Bangladesh’s economic recovery

The Asian Development Bank has approved a $250-million policy-based...

Pic: Shutterstock

Textiles | On 28th Sep 2021

US 2020-21 cotton exports highest in 15 years

Spurred by record global imports, US cotton exports in 2020-21 were...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Vikash & Vishal Pacheriwal,

Vikash & Vishal Pacheriwal

Launched in 2018, Raisin is a contemporary fusion fashion brand that aims...

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Ritu Oberoi,

Ritu Oberoi

Established in 2018, Forsarees is a socially driven business enterprise,...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by <b>Aprajita Toor</b> were born out of a deep desire to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search