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Technical capabilities & flexibility to power economic growth says UN Report
01 May '07
2 min read
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.
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.
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