Globalization and regional growth

Globalization and regional growth

Regional stabilization is about sustainable economic growth and development.

Regional arrangements can also contribute to growth of the world economy.

Growth and sustainable development evolving global, regional and national structures and mechanisms

(a) Growth and sustainable development evolving global, regional and national structures and mechanisms.

One example is the growth of B2B platforms for local and regional tourism producers.

As ESCAP's report indicates, there is a need for pro poor growth strategies and regional cooperation.

Fostering growth and productivity is central to UNIDO's highly focused sectoral, regional and country specific programmes.

With the exponential growth in global trade in recent decades, enhanced access to regional and international markets represented a considerable potential source of growth for Ethiopia's economy.

Faced with weak demand in advanced countries, Asian economies are working to rebalance their sources of growth by shifting toward domestic and regional markets. As a result, growth in intra regional trade has outpaced overall trade growth, with intra Asian trade now accounting for more than half of the continent s total trade turnover.

At the inter regional level, developing Asia still recorded relatively strong growth of exports to major developed country markets, although this growth was not as dynamic as in 1985 1990.

In addition, development of telemedical services enhanced growth of international and regional cooperation and international trade in health services.

Build South South trade in goods and services at the bilateral, regional and interregional levels in sectors with high growth potential.

It agreed that the two regional initiatives on trade and environment and achieving environmentally sustainable economic growth were timely and relevant.

Because of regional instability and political tension, West Asia, on average, has lost 2 percentage points of growth per year since 1980.

Overall, their 2004 public debt situation improved owing to strong economic growth and the positive impact of regional and global interest rates.

In short, the key challenges facing Asia today are to sustain economic growth at lower, but still enviable, rates and to improve its quality. Asia needs strong, inclusive, green, knowledge led growth, which implies the need to rebalance the sources of economic dynamism to emphasize domestic, regional, and inter regional South South demand.

The recovery strengthened in 1997, as regional growth rose to about 5 per cent and per capita GDP rose by 3 per cent.

Convinced that complete economic growth and prosperity in the region are impossible without comprehensive activity for reconstruction, construction and connection of the regional infrastructure

Regional Bureau for the Arab States (RBAS) Economic growth and enhanced governance through capacity building producing the Arab Human Development Report (AHDR) a focus on gender issues effective regional crisis response, particularly in Iraq, Sudan and Somalia.

Besides taking proactive measures at home, Governments within the region are sponsoring regional cooperation initiatives aimed at stimulating economic growth and improving people's living standards.

It was therefore disappointing that Armenia viewed the efforts of a neighbouring State to promote regional development and growth as an attempt to isolate it.

The PLEC programme investigates the consequences for land management, and hence for the environment, of continuing population growth at the global, regional and local levels

The multilateral system of world trade should be complemented by regional integration projects aimed at fostering growth in trade and investment flows among their members.

Promote and strengthen regional and sub regional integration through groupings and other arrangements based on mutual benefit, complementarities and solidarity among developing countries with a view to facilitating and accelerating the economic growth and development of their economies.

The regional economy which has not regained strong growth momentum since the regional financial economic crisis together with the implications of the September 11th event in the United States, and especially the Severe Acute Respiratory Syndrome (SARS) and the Iraq war in 2003 exerted enormous impacts on Viet Nam's development over the past three years and contained the country's economic growth momentum.

Likewise, regional and subregional health and environment policies in a transboundary context play an important role in preventing health diseases and in safeguarding growth with environmental sustainability.

Fixed satellite communications had given noticeable support to the growth of global, regional, national and local networks for government institutions and private enterprises in their daily operations.

49. Mr. MAHUGU (Kenya), after endorsing the statement made by Costa Rica on behalf of the Group of 77 and China, said that while current economic indicators revealed widespread world economic growth, with the developing countries having registered an aggregate GDP growth of over 5 per cent, that growth rate concealed sharp regional, subregional and national differences.

First, empirical evidence shows that convergence of per capita income between lagging and leading regions is neither a necessary nor a sufficient condition for achieving poverty reduction and social convergence. Second, regional policies that promote balanced growth could lower overall growth, thereby impeding poverty reduction.

The private sector s growth is hemmed in by its inability to invest in economic sectors that the government still monopolizes. Mounting regional disparities, as well as the widening urban rural divide, impede household consumption growth, increasing the economy s dependence on exports and foreign investment.

International trade is a key vehicle for national economic growth, the elimination of poverty and enhanced regional cooperation, and its contribution to prosperity leads to greater economic stability.

It also facilitates coordination between state and municipal governments with a view to promoting comprehensive regional development which will give impetus to equitable economic growth throughout the country.

While the regional growth rates of Latin America and the Caribbean and Western Asia each exceeded 5 per cent, that of Africa slipped to only 3 per cent.

Growth

Growth.

And it became ever clearer that economic growth doesn't automatically translate into social growth or human growth.

Over the last decade, there has been a dramatic growth in the range of partnerships between regional organizations and the United Nations in support of countries emerging from conflict.

Favourable external factors, including low dollar interest rates, the expansion of regional tourism and a sustained increase in worker remittances and other income transfers, resulted in healthy domestic demand growth, which drove the real GDP growth rate up to 4.9 per cent, the highest since 2000.

There is also a growth in regional counter terrorism centres where best practices with regard to implementation of the sanctions can be established according to the particular conditions that pertain.

It firmly believed that the establishment of regional transport networks and the improvement of existing transport infrastructures strengthened trade cooperation among the countries of the region and promoted economic growth.

It was also stressed that better regional integration among developing countries and a better utilization of the tremendous growth opportunities of South South cooperation could facilitate the economic reform process.

Structural constraints continued to undermine Africa's competitiveness and while it was Africa's responsibility to make regional integration the vehicle for accelerated growth, continued support from the international community was required.

The peaceful resolution by States of regional disputes is essential for the creation of conditions that would enable States to divert their resources from armaments to economic growth and development.