Selected UNCTAD Publications 169 UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT Palais des Nations CH-1211 GENEVA 10 Switzerland (www.unctad.org) Selected UNCTAD Publications Trade and Development Report, 2011 Post-crisis policy challenges in the world economy Chapter United Nations publication, sales no. E.11.II.D.3 ISBN 978-92-1-112822-2 I Current Trends and Issues in the World Economy Chapter II Fiscal Aspects of the Financial Crisis and Its Impact on Public Debt Chapter III Fiscal Space, Debt Sustainability and Economic Growth Chapter IV Financial Re-Regulation and Restructuring Chapter V Financialized Commodity Markets: Recent Developments and Policy Issues Annex: Reform of Commodity Derivatives Market Regulations Chapter VI The Global Monetary Order and the International Trading System Trade and Development Report, 2010 Employment, globalization and development United Nations publication, sales no. E.10.II.D.3 ISBN 978-92-1-112807-9 Chapter I After the Global Crisis: An Uneven and Fragile Recovery Annex: Credit Default Swaps Chapter II Potential Employment Effects of a Global Rebalancing Annex: Simulation of the Trade and Employment Effects of Global Rebalancing: A Technical Note Chapter III Macroeconomic Aspects of Job Creation and Unemployment Chapter IV Structural Change and Employment Creation in Developing Countries Chapter V Revising the Policy Framework for Sustained Growth, Employment Creation and Poverty Reduction 170 Trade and Development Report, 2012 Trade and Development Report, 2009 Responding to the global crisis Climate change mitigation and development Chapter I Chapter II Chapter III Chapter IV Chapter V The Impact of the Global Crisis and the Short-term Policy Response Annex: The Global Recession Compounds the Food Crisis The Financialization of Commodity Markets Learning from the Crisis: Policies for Safer and Sounder Financial Systems Reform of the International Monetary and Financial System Climate Change Mitigation and Development Trade and Development Report, 2008 Commodity prices, capital flows and the financing of investment Chapter I Chapter II Chapter III Chapter IV Chapter V Chapter VI Trade and Development Report, 2007 United Nations publication, sales no. E.07.II.D.11 ISBN 978-92-1-112721-8 Current Issues in the World Economy Statistical annex to chapter I Globalization, Regionalization and the Development Challenge The “New Regionalism” and North-South Trade Agreements Regional Cooperation and Trade Integration Among Developing Countries Regional Financial and Monetary Cooperation Annex 1 The Southern African Development Community Annex 2 The Gulf Cooperation Council Regional Cooperation in Trade Logistics, Energy and Industrial Policy Trade and Development Report, 2006 Global partnership and national policies for development Chapter I Chapter II Chapter III Chapter IV Chapter V Chapter VI United Nations publication, sales no. E.08.II.D.21 ISBN 978-92-1-112752-2 Current Trends and Issues in the World Economy Annex table to chapter I Commodity Price Hikes and Instability International Capital Flows, Current-Account Balances and Development Finance Annex: Econometric Analyses of Determinants of Expansionary and Contractionary Current-account Reversals Domestic Sources of Finance and Investment in Productive Capacity Official Development Assistance for the MDGs and Economic Growth Annex: Details on Econometric Studies Current Issues Related to the External Debt of Developing Countries Regional cooperation for development Chapter I Chapter II Chapter III Chapter IV Chapter V Chapter VI United Nations publication, sales no. E.09.II.D.16 ISBN 978-92-1-112776-8 United Nations publication, sales no. E.06.II.D.6 ISBN 92-1-112698-3 Global Imbalances as a Systemic Problem Annex 1: Commodity Prices and Terms of Trade Annex 2: The Theoretical Background to the Saving/Investment Debate Evolving Development Strategies – Beyond the Monterrey Consensus Changes and Trends in the External Environment for Development Annex tables to chapter III Macroeconomic Policy under Globalization National Policies in Support of Productive Dynamism Institutional and Governance Arrangements Supportive of Economic Development Selected UNCTAD Publications Trade and Development Report, 2005 United Nations publication, sales no. E.05.II.D.13 ISBN 92-1-112673-8 New features of global interdependence Chapter I Chapter II Chapter III Chapter IV 171 Current Issues in the World Economy Income Growth and Shifting Trade Patterns in Asia Evolution in the Terms of Trade and its Impact on Developing Countries Annex: Distribution of Oil and Mining Rent: Some Evidence from Latin America, 1999–2004 Towards a New Form of Global Interdependence ****** Trade and Development Report, 1981–2011 Three Decades of Thinking Development Part One United Nations publication, sales no. E.12.II.D.5 ISBN 978-92-1-112845-1 Trade and Development Report, 1981–2011: Three Decades of Thinking Development 1. Introduction 2. Interdependence 3. Macroeconomics and finance 4. Global economic governance 5. Development strategies: assessments and recommendations 6. Outlook Part Two Panel Discussion on “Thinking Development: Three Decades of the Trade and Development Report” Opening statement by Anthony Mothae Maruping Origins and evolving ideas of the TDR Introductory remarks by Richard Kozul-Wright Statement by Rubens Ricupero Statement by Yιlmaz Akyüz The TDR approach to development strategies Introductory remarks by Taffere Tesfachew Statement by Jayati Ghosh Statement by Rolph van der Hoeven Statement by Faizel Ismail The macroeconomic reasoning in the TDR Introductory remarks by Charles Gore Statement by Anthony P. Thirlwall Statement by Carlos Fortin Statement by Heiner Flassbeck Evolving issues in international economic governance Introductory remarks by Andrew Cornford Statement by Jomo Kwame Sundaram Statement by Arturo O’Connell The way forward Closing remarks by Alfredo Calcagno Summary of the debate ****** 172 Trade and Development Report, 2012 The Financial and Economic Crisis of 2008-2009 and Developing Countries United Nations publication, sales no. E.11.II.D.11 ISBN 978-92-1-112818-5 Edited by Sebastian Dullien, Detlef J. Kotte, Alejandro Márquez and Jan Priewe Introduction The Crisis – Transmission, Impact and Special Features Jan Priewe What Went Wrong? Alternative Interpretations of the Global Financial Crisis Daniela Magalhães Prates and Marcos Antonio Macedo Cintra The Emerging-market Economies in the Face of the Global Financial Crisis Jörg Mayer The Financialization of Commodity Markets and Commodity Price Volatility Sebastian Dullien Risk Factors in International Financial Crises: Early Lessons from the 2008-2009 Turmoil The Crisis – Country and Regional Studies Laike Yang and Cornelius Huizenga China’s Economy in the Global Economic Crisis: Impact and Policy Responses Abhijit Sen Gupta Sustaining Growth in a Period of Global Downturn: The Case of India André Nassif Brazil and India in the Global Economic Crisis: Immediate Impacts and Economic Policy Responses Patrick N. Osakwe Africa and the Global Financial and Economic Crisis: Impacts, Responses and Opportunities Looking Forward – Policy Agenda Alejandro Márquez The Report of the Stiglitz Commission: A Summary and Comment Ricardo Ffrench-Davis Reforming Macroeconomic Policies in Emerging Economies: From Procyclical to Countercyclical Approaches Jürgen Zattler A Possible New Role for Special Drawing Rights In and Beyond the Global Monetary System Detlef J. Kotte The Financial and Economic Crisis and Global Economic Governance ****** The Global Economic Crisis: Systemic Failures and Multilateral Remedies Report by the UNCTAD Secretariat Task Force on Systemic Issues and Economic Cooperation Chapter Chapter Chapter Chapter Chapter I II III IV V United Nations publication, sales no. E.09.II.D.4 ISBN 978-92-1-112765-2 A crisis foretold Financial regulation: fighting today’s crisis today Managing the financialization of commodity futures trading Exchange rate regimes and monetary cooperation Towards a coherent effort to overcome the systemic crisis ****** These publications may be obtained from bookstores and distributors throughout the world. Consult your bookstore or write to the United Nations Publications Customer Service, c/o National Book Network, 15200 NBN Way, PO Box 190, Blue Ridge Summit, PA 17214, United States of America. Toll free telephone number: +1-888-254-4286; toll free fax number: +1-800-338-4550. Email: unpublications@nbnbooks.com. Internet: https://unp.un.org. Selected UNCTAD Publications 173 Regional Monetary Cooperation and Growth-enhancing Policies: The new challenges for Latin America and the Caribbean United Nations publication, UNCTAD/GDS/2010/1 Chapter I What Went Wrong? An Analysis of Growth and Macroeconomic Prices in Latin America Chapter II Regional Monetary Cooperation for Growth-enhancing Policies Chapter III Regional Payment Systems and the SUCRE Initiative Chapter IV Policy Conclusions ****** Price Formation in Financialized Commodity Markets: The role of information United Nations publication, UNCTAD/GDS/2011/1 1. Motivation of this Study 2. Price Formation in Commodity Markets 3. Recent Evolution of Prices and Fundamentals 4. Financialization of Commodity Price Formation 5. Field Survey 6. Policy Considerations and Recommendations 7. Conclusions ****** These publications are available on the website at: www.unctad.org. Copies may be obtained from the Publications Assistant, Macroeconomic and Development Policies Branch, Division on Globalization and Development Strategies, United Nations Conference on Trade and Development (UNCTAD), Palais des Nations, CH-1211 Geneva 10, Switzerland; fax +41-22-917-0274. 174 Trade and Development Report, 2012 UNCTAD Discussion Papers No. 206 Dec. 2011 No. 205 Dec. 2011 André Nassif, Carmem Feijó and Eliane Araújo Ulrich Hoffmann No. 204 Oct. 2011 No. 203 Sep. 2011 No. 202 June 2011 Peter Bofinger Javier Lindenboim, Damián Kennedy and Juan M. Graña Pilar Fajarnes No. 201 Feb. 2011 Ulrich Hoffmann No. 200 Sep. 2010 Jörg Mayer No. 199 June 2010 No. 198 April 2010 No. 197 March 2010 No. 196 Nov. 2009 No. 195 Oct. 2009 No. 194 June 2009 No. 193 Jan. 2009 No. 192 Nov. 2008 No. 191 No. 190 Oct. 2008 Oct. 2008 No. 189 Sep. 2008 No. 188 March 2008 No. 187 Feb. 2008 No. 186 Jan. 2008 The long-term “optimal” real exchange rate and the currency overvaluation trend in open emerging economies: The case of Brazil Some reflections on climate change, green growth illusions and development space The scope for foreign exchange market interventions Share of labour compensation and aggregate demand discussions towards a growth strategy An overview of major sources of data and analyses relating to physical fundamentals in international commodity markets Assuring food security in developing countries under the challenges of climate change: Key trade and development issues of a fundamental transformation of agriculture Global rebalancing: Effects on trade flows and employment International government debt Ugo Panizza, Federico Sturzenegger and Jeromin Zettelmeyer Lee C. Buchheit Responsible sovereign lending and borrowing G. Mitu Gulati Christopher L. Gilbert Speculative influences on commodity futures prices 2006–2008 Michael Herrmann Food security and agricultural development in times of high commodity prices Jörg Mayer The growing interdependence between financial and commodity markets Andrew Cornford Statistics for international trade in banking services: Requirements, availability and prospects Sebastian Dullien Central banking, financial institutions and credit creation in developing countries Enrique Cosio-Pascal The emerging of a multilateral forum for debt restructuring: The Paris Club Jörg Mayer Policy space: What, for what, and where? Martin Knoll Budget support: A reformed approach or old wine in new skins? Martina Metzger Regional cooperation and integration in sub-Saharan Africa Ugo PANIZZA Domestic and external public debt in developing countries Michael GEIGER Instruments of monetary policy in China and their effectiveness: 1994–2006 Marwan ELKHOURy Credit rating agencies and their potential impact on developing countries ****** UNCTAD Discussion Papers are available on the website at: www.unctad.org. Copies of UNCTAD Discussion Papers may be obtained from the Publications Assistant, Macroeconomic and Development Policies Branch, Division on Globalization and Development Strategies, United Nations Conference on Trade and Development (UNCTAD), Palais des Nations, CH-1211 Geneva 10, Switzerland; fax +41-22-917-0274. Selected UNCTAD Publications 175 G-24 Discussion Paper Series Research papers for the Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development No. 59 June 2010 No. 58 May 2010 No. 57 December 2009 No. 56 June 2009 No. 55 April 2009 No. 54 February 2009 No. 53 December 2008 No. 52 November 2008 No. 51 September 2008 No. 50 July 2008 No. 49 December 2007 No. 48 November 2007 No. 47 October 2007 No. 46 September 2007 No. 45 No. 44 April 2007 March 2007 No. 43 February 2007 No. 42 Andrew Cornford Revising Basel 2: The Impact of the Financial Crisis and Implications for Developing Countries Kevin P. Gallagher Policy Space to Prevent and Mitigate Financial Crises in Trade and Investment Agreements Frank Ackerman Financing the Climate Mitigation and Adaptation Measures in Developing Countries Anuradha Mittal The 2008 Food Price Crisis: Rethinking Food Security Policies Eric Helleiner The Contemporary Reform of Global Financial Governance: Implications of and Lessons from the Past Gerald Epstein Post-war Experiences with Developmental Central Banks: The Good, the Bad and the Hopeful Frank Ackerman Carbon Markets and Beyond: The Limited Role of Prices and Taxes in Climate and Development Policy C.P. Chandrasekhar Global Liquidity and Financial Flows to Developing Countries: New Trends in Emerging Markets and their Implications Ugo Panizza The External Debt Contentious Six Years after the Monterrey Consensus Stephany Griffith-Jones Enhancing the Role of Regional Development Banks with David Griffith-Jones and Dagmar Hertova David Woodward IMF Voting Reform: Need, Opportunity and Options Sam LAIRD Aid for Trade: Cool Aid or Kool-Aid Jan Kregel IMF Contingency Financing for Middle-Income Countries with Access to Private Capital Markets: An Assessment of the Proposal to Create a Reserve Augmentation Line José María Fanelli Regional Arrangements to Support Growth and MacroPolicy Coordination in MERCOSUR Sheila Page The Potential Impact of the Aid for Trade Initiative Injoo Sohn East Asia’s Counterweight Strategy: Asian Financial Cooperation and Evolving International Monetary Order Devesh Kapur and Richard Webb November 2006 Mushtaq H. Khan Beyond the IMF Governance and Anti-Corruption Reforms in Developing Countries: Policies, Evidence and Ways Forward No. 41 October 2006 Fernando Lorenzo and Nelson Noya IMF Policies for Financial Crises Prevention in Emerging Markets No. 40 Lucio Simpson The Role of the IMF in Debt Restructurings: Lending Into Arrears, Moral Hazard and Sustainability Concerns Ricardo Gottschalk and Daniela Prates East Asia’s Growing Demand for Primary Commodities – Macroeconomic Challenges for Latin America May 2006 No. 39 February 2006 ****** G-24 Discussion Paper Series are available on the website at: www.unctad.org. Copies of G-24 Discussion Paper Series may be obtained from the Publications Assistant, Macroeconomic and Development Policies Branch, Division on Globalization and Development Strategies, United Nations Conference on Trade and Development (UNCTAD), Palais des Nations, CH-1211 Geneva 10, Switzerland; fax +41-22-917-0274.