TRADE ON HUMAN TERMS
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TRADE ON HUMAN TERMS Transforming Trade for Human Development in Asia and the Pacific Asia-Pacific Human Development Report 2006. CONTENTS. Using international trade to promote human development. The Asia-Pacific experience. Making agricultural trade work for the poor.

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TRADE ON HUMAN TERMS

Transforming Trade for Human

Development in Asia and the Pacific

Asia-Pacific Human Development Report 2006


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CONTENTS

Using international trade to promote human development

The Asia-Pacific experience

Making agricultural trade work for the poor

Adjusting to a new era for textiles and clothing

Selling services across frontiers

Trade opportunities for the poorest countries

An eight-point agenda for change


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Trade is not an end in itself, but a means toward the goal of better lives for all

USING INTERNATIONAL TRADE TO PROMOTE HUMAN DEVELOPMENT



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THE ASIA-PACIFIC EXPERIENCE of better lives for all

At the forefront of

globalization

Sharp growth in

exports, but also

in imports

Rapid decline in

poverty, but a

rise in inequality


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THE ASIA-PACIFIC EXPERIENCE of better lives for all

Many of the open economies of Asia-Pacific, particularly in East Asia, are creating far fewer jobs and experiencing “jobless growth”


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MAKING AGRICULTURAL TRADE WORK FOR THE POOR of better lives for all

With trade expansion, Asia-Pacific has become an overall food importer after being an exporter for many years


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Poor countries of better lives for all

continue to

face

determined

and unfair

protectionism in

global agricultural

markets

New focus is

necessary on

agricultural

development

to defend rural

livelihoods

and promote

food security

MAKING AGRICULTURAL TRADE WORK FOR THE POOR


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In the new quota-free era for textiles and clothing, Asia-Pacific has gained overall, but most of these gains have been pre-empted by China and India

ADJUSTING TO A NEW ERA FOR TEXTILES AND CLOTHING


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If countries are to survive in the post-quota era, they will have to become more competitive

ADJUSTING TO A NEW ERA FOR TEXTILES AND CLOTHING


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SELLING SERVICES ACROSS FRONTIERS have to become more competitive

What was previously

non-tradable

has become tradable

Short-term labour migration,

business outsourcing

and special-interest tourism

have great potential to

give people unique opportunities

to escape poverty


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SELLING SERVICES ACROSS FRONTIERS have to become more competitive

Asia-Pacific is in the forefront of trade in services, but firm and wide-ranging action must be taken to ensure that dynamic sectors fulfill their potential for promoting human development


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TRADING OPPORTUNITIES FOR THE LEAST DEVELOPED COUNTRIES have to become more competitive

Asia-Pacific’s poorest countries have been keen globalizers.

But they face tough terms for accession to the World Trade Organization and are being out-competed and overwhelmed by exports from China, while also deriving few benefits from selling their exports in the region’s largest market


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TRADING OPPORTUNITIES FOR THE LEAST DEVELOPED COUNTRIES have to become more competitive

The poorest countries require fairer treatment by the global trade regime, redirected aid for trade and a wider range of exports in order to promote better lives for all


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TRADE FOR HUMAN DEVELOPMENT: have to become more competitiveAN EIGHT-POINT AGENDA

5. Prepare a new

tax regime

1. Invest for

competitiveness

2. Adopt strategic

trade policies

6. Maintain stable

exchange rates

3. Restore a focus

on agriculture

7. Persist with

multilateralism

8. Cooperate with

neighbours

4. Combat jobless

growth


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TRADE ON HUMAN TERMS have to become more competitive

Asia-Pacific has embraced free trade, but free trade will not embrace the poor unless countries pursue a bold new policy agenda – harnessing economic growth to promote human development


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