Trade and Development Report 2018

Power, Platforms and the Free Trade Delusion

image of Trade and Development Report 2018

This flagship publication examines different aspects of the nature and role of international trade in the era of hyperglobalization and considers related policy challenges that will need to be addressed if trade is to contribute to a more stable and inclusive global economic order. Research provides authoritative data and analysis on trade, investment, finance and technology. UNCTAD offers solutions to the major challenges facing developing countries, particularly the poorest and most vulnerable nations. Beyond tailored analysis and policy recommendations, UNCTAD research also generates global standards that govern responsible sovereign lending and borrowing, investment, entrepreneurship, competition and consumer protection and trade rules.

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Bridging gaps or widening divides: Infrastructure development and structural transformation

The last chapter recognized that building a digital infrastructure has to be a key part of any strategy to help developing countries grasp the benefits of emerging digital technologies. It also suggested that the strong scale and network effects exhibited by that infrastructure can give rise to economic rents and warned that leaving its provision to corporate interests rather than giving a lead role to public policy would probably skew outcomes in ways that would be neither inclusive nor sustainable, particularly in developing countries.

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