UNCTAD/ UN Trade & Development (International Organisation)

Описание: UNCTAD
UN Trade & Development

This video provides a comprehensive overview of UNCTAD (United Nations Conference on Trade and Development), specifically for commerce students preparing for PGT exams. The speaker explains its role as an international organization focused on promoting the trade, investment, and development of developing nations (0:55, 3:07).Key points covered include:

Name Change & Foundation: Established in 1964, it was rebranded in 2024 to UN Trade & Development (2:16, 2:57).
Key Functions: It is a non-funding organization that focuses on research, analysis, and policy formulation rather than providing financial loans like the IMF or World Bank (4:07, 4:53).
Reports Published: UNCTAD publishes crucial reports, including the World Investment Report and the Trade and Development Report (6:57, 11:14).
Generalized System of Preferences (GSP): A major function is implementing GSP, allowing developing countries to export products to developed nations with reduced or zero tariffs (12:05, 14:26).
GSP vs. WTO MFN: The speaker highlights the difference between GSP (a function of UNCTAD for developing nations) and the Most Favoured Nation (MFN) principle of the WTO (15:52, 17:59).The video concludes by emphasizing that all policies and guidelines are designed exclusively to help developing nations achieve sustainable economic growth (9:42).


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Helpful for all PGT Commerce exams