FfD: A trade policy that supports independent industrial development in the global South
The global South is in urgent need of an effective trade and industrial policy to advance socio-economic transformation and untrap itself from the current global division of labour.
From its inception, “trade as an engine for development” has been a pillar of the Financing for Development (FfD) process in its critical role of expanding fiscal space and mobilizing financing for meeting the development needs of the global South. The global South is in urgent need of an effective trade and industrial policy to advance socio-economic transformation and untrap itself from the current global division of labour.
In a world where the global South urgently needs effective trade and industrial policies to break free from the existing global division of labor, this briefing sheds light on the path forward. Don’t miss out on this essential read that could reshape our understanding and approach to development!