What's New :

Trade and Development Report, 2021

  • Published
    20th Sep, 2021

GS-II: International Relations

  • Important International Institutions

GS-III: Economy

  • Trade
Context

The United Nations Conference on Trade and Development (UNCTAD) has recently released its flagship Trade and Development Report, 2021.

Prelims question:

Trade and Development Report is a flagship publication of:

  • A.
  • B.
  • C.
  • D.

Mains Question:

The world needs more effective multilateral coordination, without which recovery efforts in advanced countries will damage development prospects in the South and amplify existing inequalities. Elaborate. (250 Words)

Approach:

  • In the introduction, provide a brief about the glaring inequalities that exist between developed and developing countries
  • Enumerate how resources are utilized by developed countries leaving little for developing countries
  • Enumerate the steps that should be taken at Global level by India to tackle this issue.
  • Conclusion

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