DOCSLIB.ORG

Chronology and History of South-South Cooperation: a Contribution from Ibero-America”, Presented Here

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Chronology and History of South-South Cooperation: a Contribution from Ibero-America”, Presented Here IBERO–AMERICAN PROGRAMME FOR THE STRENGTHENING OF SOUTH-SOUTH COOPERATION CHRONOLOGY AND HISTORY OF SOUTH-SOUTH COOPERATIO N An Ibero-american Contribution Working Document number 5, 2014 Secretaría General Iberoamericana Secretaria-Geral Ibero-Americana www.cooperacionsursur.org Torre Ejecutiva Plaza Independencia 710 CP 11100, Montevideo, Uruguay (598) 2150 Ext. 1271 Author: Silvia Lopez Cabana –Consultant Translation: María del Mar Bastida Virgili Assembled: Taller de Comunicación Printing: Mastergraf Legal deposit: 364.121 TABLE OF CONTENTS Prologue................................................................................................5 Glossary.................................................................................................6 1. Introduction................................................................................ 9 2. First period: 1945 – 1978.............................................................13 2.1. Historical Context..............................................................................13 2.2. Debate forums on South-South cooperation...........................................14 2.3. Regional Analysis.............................................................................14 3. Second period: 1978-2000................................................................16 3.1. Historical Context............................................................................. .16 3.2. Debate forums on South-South Cooperation...........................................17 3.3. Regional Analysis..............................................................................17 4. Third period: 2000-2009..................................................................19 4.1. Historical context..............................................................................19 4.2. Debate forums on South-South Cooperation..........................................20 4.3. Regional Analysis..............................................................................21 5. Fourth period: 2009-2013................................................................22 5.1. Historical context..............................................................................22 5.2.Debate forums on South-South Cooperation...........................................23 5.3. Regional Analysis.............................................................................25 Annexes: chronological series of events.....................................................27 A.1. FIRST PERIOD CHRONOLOGY: 1945-1978...............................................27 A.2. SECOND PERIOD CHRONOLOGY: 1979-2000...........................................31 A.3. THIRD PERIOD CHRONOLOGY: 2000-2009............................................36 A.4. FOURTH PERIOD CHRONOLOGY: 2009-2013..........................................44 Bibliography................................................................................................58 Prologue n a context of dramatic changes for international cooperation, South-South cooperation steps in as a different method of cooperation to the traditional North-South, as an innova- Itive expression of solidarity among developing countries, as a hope for a better world and, to some extent, as a new ideology for its approach to the world and its interpretation of the relationship among peoples. With its rich heterogeneity, its challenges and wisdom, South- South Cooperation is a reality in permanent evolution. For those who work in international cooperation everyday – decision makers, technicians, assistants- it is important to reflect on what we do and why we do it. In case of South-South Cooperation, this involves the motivations, principles and values that inspire and guide it, linked in turn to historical structures and political processes of global and regional nature. Hoping to add to this reflection, the Ibero-American Programme for the Strengthening of South-South Cooperation –whose mission is to enhance South-South Cooperation in the Ibe- ro-American frame promoting its values and principles, so that it efficiently contributes to development- has proposed the paper “Chronology and History of South-South Cooperation: a contribution from Ibero-America”, presented here. This document chronologically lists and describes the main features of almost 200 events at an international level, that have marked the South-South Cooperation Agenda in the last 60 years, from its origin, as Technical Cooperation among Developing Countries (TCDC) and up to 2013. The study systematizes not only those forums in which South-South Cooperation has been analysed and explicitly debated, but also those events that do not mention South- South Cooperation in their agenda or in their conclusions, but have had key consequences in its historical evolution. The remarkable increase of the number of South-South Cooperation related events and pro- cesses registered in the last decades, certifies the growing political importance that it has achieved through forums and debates on international cooperation. Therefore, we hope this paper shows part of the rich history of this type of cooperation and becomes a referential document for cooperation stakeholders, to acknowledge and value the role of South-South Cooperation from its history and in the present global scenery of inter- national cooperation. Martín Rivero Illa Executive Secretary of the Ibero-American Programme for the Strengthening of South-South Cooperation Chronology and History of South-South Cooperation | 5 GLOSSARY ACD The Asia Cooperation Dialogue CDB Caribbean Development Bank ACP African, Caribbean, and Pacific Group of States CECLA Latin-America Coordination Special Commission ACS Association of Caribbean States CELAC Community of Latin American and Caribbean States ADB Asian Development Bank CINTERFOR Inter-American Centre for Knowledge Development in Vocational Training ADBI Asian Development Bank Institute COSTIS Consortium on Science, Technology and Innovation AEC African Economic Community for the South AECID Spanish Agency for International Cooperation for TCDC Technical Cooperation Among Developing Countries Development DAC Development Assistance Committee AfDB African Development Bank DCD Development Cooperation Directorate ALADI Latin American Integration Association DCF Development Cooperation Forum ALALC Latin-American Free Trade Association DaO Delivering As One ALBA Bolivarian Alliance for the Peoples of Our America EALAF East Asian and Latin American Forum (FEALAC) APC Colombian Presidential Agency for International Cooperation EBID ECOWAS Bank for Investment and Development APCTT Asian and Pacific Centre for Transfer of Technology ECLAC Economic Commission for Latin-America and the Caribbean APDEV Africa Platform for Development Effectiveness ECDC Economic Cooperation among Developing Countries APEC Asia-Pacific Economic Cooperation ECOSOC Economic and Social Council ASA Association of Southeast Asia ECOWAS Economic Community of West African States ASA (Summit) Association of Southeast Asia Summit ESAIDARM Eastern and Southern African Initiative in Debt and ASEAN Association of Southeast Asian Nations Reserves Management ASPA (Summit) South America and Arabian Countries Summit EU European Union ASPAC Asia Pacific Council FAO Food and Agriculture Organisation AU African Union FEALAC Forum for East Asia – Latin America Cooperation AUCI Uruguayan Agency for International Cooperation FEMCIDI Special Multilateral Found (Inter-American Council for BADEA Arabian Bank for Economic Development in Africa Integral Development) BAPA Buenos Aires Plan of Action FFPG Financing Found Pérez Guerrero BIMST-EC Bay of Bengal Initiative for Multi-Sectorial Technical FOCAC Forum on China-Africa Cooperation and Economic Cooperation. (Before: Bangladesh, GANASUR High Level Group Designing a South-South India, Sri Lanka, and Thailand Economic Cooperation) Cooperation Programme BIMP-EAGA Brunei-Darussalam-Indonesia-Malaysia-Philippines GATT General Agreement on Tariffs and Trade East ASEAN Growth Area GIZ German Agency for International Cooperation BRIC Brazil, Russia, India and China GPEDC Global Partnership on Effective Development BRICS Brazil, Russia, India, China and South Africa Cooperation CABEI Central-American Bank for Economic Integration HLF High Level Forum CAF Andean Corporation for Development IBSA India Brazil South Africa CAN Andean Community of Nations ICID Inter-American Council for Integral Development CARICOM Caribbean Community and Common Market ICPD International Conference on Population and CCG Cooperation Countries of the Gulf (currently: CCEAG Development – Council of Cooperation for the Arabian Countries of IDB Inter-American Development Bank the Gulf.) 6 | South-South Cooperation IDB Islamic Development Bank SEGIB Ibero-American General Secretariat IFCC Intergovernmental Follow-up and Coordination SELA Economic System for Latin America and Caribbean Committee on Economic Cooperation among SU-SSC Special Unit on South-South Cooperation Developing Countries TICAD Tokyo International Conference on African ILO International Labour Organisation Development IMT-GT Indonesia Malaysia Thailand Growth Triangle TT-SSC Task Team on South-South Cooperation IOR-ARC Indian Ocean Rim Association for Regional UN United Nations Cooperation UNASUR Union of South American Nations JARCOM JICA-ASEAN Regional Cooperation Meeting UNCTAD United Nations Conference on Trade and JICA Japan International Cooperation Agency Development KFAED Kuwait Fund for Arab Economic
Load more

Recommended publications
  • Mercosur: the Common Market of the Twenty-First Century?
    GEORGIA JOURNAL OF INTERNATIONAL AND COMPARATIVE LAW VOLUME 32 2004 NUMBER 1 MERCOSUR: THE COMMON MARKET OF THE TWENTY-FIRST CENTURY? Rafael A. Porrata-Doria,Jr. * I. INTRODUCTION MERCOSUR, the "Common Market of the Southern Cone," was created in March 1990 by the Treaty of Asunci6n and was meant to create a common market among its four signatories (Argentina, Brazil, Paraguay, and Uruguay) by December 31, 1994.' This common market would include the graduated elimination of all customs duties among its signatories,2 the creation of a common external tariff, the adoption of a common trade policy,3 and the harmonization of economic policies The Treaty of Asunci6n, and its * Professor of Law, Temple University. J.D. 1977, Yale University; M.A., University of Pennsylvania; B.A. 1974, University of Pennsylvania. This Article, based substantially on research materials not available in English, is the first comprehensive description and evaluation of MERCOSUR in the English language. The author is a former consultant to the International Bank for Reconstruction and Development (World Bank) and was a mission participant and co- author of its study "Competition Policy and MERCOSUR" (1996). The author gratefully acknowledges the helpful comments of Marina Angel, Jeffrey Dunoff, and Henry Richardson. The author particularly appreciates the outstanding efforts of his principal research assistant, Julie Liebenberg, J.D. 2004, Temple University School of Law, and of his current research assistant, Suzette Sanders, J.D. expected 2005, Temple University School of Law. The information in this Article is current as of August 2003. ' Treaty of Asunci6n Establishing a Common Market among Argentina, Brazil, Paraguay, Uruguay, Mar.
    [Show full text]
  • Organizational Framework of the G-77
    17 CHAPTER 2 ORGANIZATIONAL FRAMEWORK OF THE GROUP OF 77 by Lydia Swart …neither the Western media nor Western scholars pay much attention to the multilateral policies and practices of the states variously described as the South, the third world, or developing countries. In particular, patterns of cooperation among these states in pursuit of common interests at the UN are often ignored or dismissed as of little consequence. Sally Morphet, 2004 Institutional Arrangements: UNCTAD The institutional arrangements of the G-77 developed slowly. In its first years, the G-77’s activities primarily coalesced around UNCTAD as it was regarded by the South as the key locus to improve conditions of trade for development and to form a counterbalance to the Bretton Woods Institutions dominated by the North. The G-77 focus on UNCTAD was so pronounced that until 1976—when it held a Conference on Economic Cooperation among Developing Countries—the group only convened high-level meetings in preparation for UNCTAD sessions. These ministerial meetings to prepare for UNCTAD started in 1967 at the initiative of the Group of 31, consisting of developing countries that were members of UNCTAD’s Trade and Development Board (TDB), represented by Ambassadors in Geneva.10 The first G-77 ministerial meeting in 1967 adopted the Charter of Algiers, which details the G-77’s programme of action but is rather short on internal institutional issues. It is only at the very end of the Algiers Charter that a few organizational aspects are mentioned. The G-77 decided to meet at the ministerial level as “often as this may be deemed necessary” but “always prior to the convening of sessions” of 10 Later referred to as preparatory meetings.
    [Show full text]
  • GP Text Paste Up.3
    FACING ASIA A History of the Colombo Plan FACING ASIA A History of the Colombo Plan Daniel Oakman Published by ANU E Press The Australian National University Canberra ACT 0200, Australia Email: [email protected] This title is also available online at: http://epress.anu.edu.au/facing_asia _citation.html National Library of Australia Cataloguing-in-Publication Entry Author: Oakman, Daniel. Title: Facing Asia : a history of the Colombo Plan / Daniel Oakman. ISBN: 9781921666926 (pbk.) 9781921666933 (eBook) Notes: Includes bibliographical references. Subjects: Economic assistance--Southeast Asia--History. Economic assistance--Political aspects--Southeast Asia. Economic assistance--Social aspects--Southeast Asia. Dewey Number: 338.910959 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying or otherwise, without the prior permission of the publisher. Cover design by Emily Brissenden Cover: Lionel Lindsay (1874–1961) was commissioned to produce this bookplate for pasting in the front of books donated under the Colombo Plan. Sir Lionel Lindsay, Bookplate from the Australian people under the Colombo Plan, nla.pic-an11035313, National Library of Australia Printed by Griffin Press This edition © 2010 ANU E Press First edition © 2004 Pandanus Books For Robyn and Colin Acknowledgements Thank you: family, friends and colleagues. I undertook much of the work towards this book as a Visiting Fellow with the Division of Pacific and Asian History in the Research School of Pacific and Asian Studies, The Australian National University. There I benefited from the support of the Division and, in particular, Hank Nelson and Donald Denoon.
    [Show full text]
  • Energy Efficiency Systems, Dations for Long-Term, Low-Carbon, Prosperity
    Kopi fra DBC Webarkiv Kopi af: Shaping the sustainable economy : summary report of the World Business Summit on Climate Change, Copenhagen, 24-26 May 2009 Dette materiale er lagret i henhold til aftale mellem DBC og udgiveren. www.dbc.dk e-mail: [email protected] Shaping the sustainable economy Summary report of the World Business Summit on Climate Change Copenhagen, 24-26 May 2009 A Monday Morning Initiative Summary report THERE IS NOT MUCH TIME. WE HAVE TO DO IT THIS YEAR. NOT NEXT YEAR. THIS YEAR […] THE CLOCK IS TICKING BECAUSE MOTHER NATURE DOES NOT DO BAILOUTS.” Former U.S. Vice President Al Gore Summary report Foreword 3 Foreword The World Business Summit on Climate Change was convened in Copenhagen from 24-26 May at the same venue that will host the COP15 in December this year. Over the course of three days, global leaders from business, policy, civil society, and science, all engaged in dialogue on the road to a low-carbon future and the recommendations for an ambitious new climate change framework. They heard from the United Nations Secretary-General on the need for business engagement and leadership; former U.S. Vice-President Al Gore on the critical impor- tance of an effective climate treaty and business leaders from more than 40 countries. The key objective of the World Business Summit on Cli- What we take from this Summit is a positive commit- mate Change was to contribute input to the work of the ment to action. It is clear to all that the world is in the Danish government and the United Nations negotiations midst of a global recession.
    [Show full text]
  • The Rise and Fall of the Inter-American System
    V Congreso Latinoamericano de Ciencia Política. Asociación Latinoamericana de Ciencia Política, Buenos Aires, 2010. The Rise and Fall of the Inter-American System. Poggio Teixeira Carlos Gustavo. Cita: Poggio Teixeira Carlos Gustavo (2010). The Rise and Fall of the Inter-American System. V Congreso Latinoamericano de Ciencia Política. Asociación Latinoamericana de Ciencia Política, Buenos Aires. Dirección estable: http://www.aacademica.org/000-036/565 Acta Académica es un proyecto académico sin fines de lucro enmarcado en la iniciativa de acceso abierto. Acta Académica fue creado para facilitar a investigadores de todo el mundo el compartir su producción académica. Para crear un perfil gratuitamente o acceder a otros trabajos visite: http://www.aacademica.org. The rise and fall of the Inter-American System Carlos Gustavo Poggio Teixeira Doctoral candidate in International Studies at Old Dominion University, with sponsorship from Fulbright and the Brazilian Ministry of Education. E-mail: [email protected] Field: International Relations Paper prepared for presentation at the V Congreso Latinoamericano de Ciencia Política, organized by Asociación Latinoamericana de Ciencia Política (ALACIP). Buenos Aires, July 28- 30, 2010 Abstract This paper proposes to look back at the evolution of the so called Inter-American System since its first manifestations in the first half of the 19th century in order to shed some light on current developments. Some explanations that may have led to the current atmosphere of deterioration of this system are proposed. Additionally, it intends to assess what this deterioration means and what practical consequences it may bring. The conclusion is that the recent events are in fact symptom of a broader historical phenomenon of increasingly decline of the Inter-American System and if the present posture is maintained this decline tends to get steeper overtime.
    [Show full text]
  • IN the MOUNTIES WE TRUST: a Study of Royal Canadian Mounted
    IN THE MOUNTIES WE TRUST: A Study of Royal Canadian Mounted Police Accountability by STEPHEN LORENZ WETTLAUFER A thesis submitted to the Department of Sociology in conformity with the requirements for the degree of Master of Arts Queen’s University Kingston, Ontario, Canada July, 2011 Copyright © Stephen Lorenz Wettlaufer, 2011 Abstract Police and Canadian citizens often clash during protests sometimes resulting in violent outcomes. Due to the nature of those altercations, there are few other events that require oversight more than the way police clash with protesters and there is a history of such oversight resulting in a number of Federal Parliamentary documents, Parliamentary Committee reports Task Force reports, reports arising from Public Interest Hearings of the Commission for Complaints Against the RCMP, and testimony at various hearings and inquiries which have produced particular argumentative discourses. Argumentative discourses that have a great effect on the construction of a civilian oversight agency of the RCMP is the focus of this thesis. This thesis examines how it is that different discourses, as represented by argumentative themes in these reports, intersect with one another in the process of creating a system of accountability for the RCMP. Through the lens of complaints that arise from protest and police clashes one may conclude that the current system of accountability does not adhere to a practice of protecting the most fundamental rights as prescribed by the Canadian Charter of Rights and Freedoms; nor would the currently proposed legislation contained within Bill C‐38 alter the system in a substantial way to allow for such protections. The power dynamic between the Commissioner of the Force and the Commission for Complaints Against the RCMP favours the police force in the current and proposed system.
    [Show full text]
  • Mapping Fragile and Conflict-Affected Situations in Asia and the Pacific the Adb Experience
    MAPPING FRAGILE AND CONFLICT-AFFECTED SITUATIONS IN ASIA AND THE PACIFIC THE ADB EXPERIENCE ASIAN DEVELOPMENT BANK MAPPING FRAGILE AND CONFLICT-AFFECTED SITUATIONS IN ASIA AND THE PACIFIC THE ADB EXPERIENCE ASIAN DEVELOPMENT BANK Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO) © 2016 Asian Development Bank 6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines Tel +63 2 632 4444; Fax +63 2 636 2444 www.adb.org Some rights reserved. Published in 2016. Printed in the Philippines. ISBN 978-92-9257-647-9 (Print), 978-92-9257-648-6 (e-ISBN) Publication Stock No. RPT168514-2 Cataloging-In-Publication Data Asian Development Bank. Mapping fragile and conflict-affected situations in Asia and the Pacific: The ADB experience. Mandaluyong City, Philippines: Asian Development Bank, 2016. 1. Fragile and conflict-affected situations. 2. Asia and the Pacific. I. Asian Development Bank. The views expressed in this publication are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. The mention of specific companies or products of manufacturers does not imply that they are endorsed or recommended by ADB in preference to others of a similar nature that are not mentioned. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area.
    [Show full text]
  • “Climategate” (PDF)
    The Emails from the University of East Anglia’s Climatic Research Unit On or about November 19, 2009, as yet unknown persons hacked into an email server at the University of East Anglia’s Climatic Research Unit (CRU) in Norwich, U.K. The CRU is an academic department specializing in climate research and is particularly known for reconstructing past global surface temperatures on the decade to millennium time scales. The CRU is one of three organizations worldwide that have independently compiled thermometer measurements of local temperatures from around the world to reconstruct the history of average global surface temperature for the past 130 ‐ 150 years. The other two groups are in the United States (NOAA’s National Climatic Data Center and the NASA Goddard Institute for Space Studies). From a much larger number of emails, the hackers selected and posted more than 1000 on a publicly accessible file server in Russia. The vast majority of the 1000+ emails are routine and unsuspicious. Perhaps one or two dozen of the email exchanges give the appearance of controversy, though no unethical behavior has yet been documented. Professor Phil Jones, director of the CRU, was involved in most of these email exchanges. He has temporarily stepped down as the CRU director pending the outcome of an independent investigation instigated by the university. Although a small percentage of the emails are impolite and some express animosity toward opponents, when placed into proper context they do not appear to reveal fraud or other scientific misconduct by Dr. Jones or his correspondents. The most common accusations of misconduct center around two general themes: 1.
    [Show full text]
  • Assessment of South-South Cooperation and the Global Narrative on the Eve of Bapa+40
    Research Paper 88 November 2018 ASSESSMENT OF SOUTH-SOUTH COOPERATION AND THE GLOBAL NARRATIVE ON THE EVE OF BAPA+40 Yuefen LI RESEARCH PAPERS 88 ASSESSMENT OF SOUTH-SOUTH COOPERATION AND 1 THE GLOBAL NARRATIVE ON THE EVE OF BAPA+40 Yuefen LI2 SOUTH CENTRE NOVEMBER 2018 1 This paper is based on the author’s presentations at two workshops for the Group of 77 and China in August and September 2018. The author wishes to express her deep appreciation of the valuable and detailed comments from Dr. Carlos Correa, Dr. Rashmi Banga and Mr. Daniel Uribe. The views contained in this paper are attributable to the author and do not represent the institutional views of the South Centre or its Member States. Any mistake or omission in this study is the sole responsibility of the author. 2 Senior Adviser on South-South Cooperation and Development Finance, The South Centre (e-mail: [email protected]) SOUTH CENTRE In August 1995 the South Centre was established as a permanent inter- governmental organization of developing countries. In pursuing its objectives of promoting South solidarity, South-South cooperation, and coordinated participation by developing countries in international forums, the South Centre has full intellectual independence. It prepares, publishes and distributes information, strategic analyses and recommendations on international economic, social and political matters of concern to the South. The South Centre enjoys support and cooperation from the governments of the countries of the South and is in regular working contact with the Non-Aligned Movement and the Group of 77 and China. The Centre’s studies and position papers are prepared by drawing on the technical and intellectual capacities existing within South governments and institutions and among individuals of the South.
    [Show full text]
  • Document Resume Ed 052 069 So 000 900 Title
    DOCUMENT RESUME ED 052 069 SO 000 900 TITLE [Catalogues of Third Country Training Resources in East, Near East, and South Asia. Volumes 1and 2.] INSTITUTION Agency for International Development (Dept. of State), Washington, D.C. Office of International Training. PUB DATE Feb 71 NOTE 451p. EDRS PRICE EDRS Price MF-$0.65 HC-$16.45 DESCRIPTORS Agricultural Education, Catalogs, Community Development, Course Descriptions, *Developing Nations, Developmental Programs, Educational Programs, Health Occupations Education, *International Programs, Manpower Development, Program Descriptions, *Teacher Education, *Technical Education, Trade and Industrial Education, *Vocational Education IDENTIFIERS *Asia ABSTRACT Both of these catalogs are part of a series of four official AID publications covering both academic and non-academic training opportunities. These two in particular were developed to encourage increased use by Asians of the regional training resources designed to assist them in the economic and social development of their countries. The catalogues are intended for use as a working tool by both American and host government training officers and technical advisors in determining where to train participants, when to train, and to provide information about technical programs, fees, prerequisites, resource addresses, housing, language of instruction, and the United States involvement with the training resource. There are programs described for: 1) agriculture, 2) industry and mining, 3) transportation, 4) labor, 5)health and sanitation, 6)education, 7) public safety and administration, 8) community development, and 9) communications media. India, Lebanon, Pakistan, Turkey, Iran, Greece, U.A.R. (one) ,and Afghanistan (one) are included along with Thailand, Philippines, Korea, China, and Japan (one).(Author/AWW) catalo ue U S DEPARTMENT OF HEALTH, EDUCATION & WELFARE OFFICE,OF EDUCATION THIS DOCUMENT HAS BEEN REPRO DUCED EXACTLY AS RECEIVED FROM THE PERSON OR ORGANIZATION ORIG INATING IT.
    [Show full text]
  • Italy Italian Republic
    2020 International Student Summit Restarting the Global Economy Post COVID-19: A Model G7+5 Summit Italy Italian Republic Key Facts Head of State / Head of Government: President Sergio Mattarella is the Chief of State and Prime ​ Minister Giuseppe Conte is the Head of Government. Capital city: Rome ​ Population: 62,402,659 ​ Currency: the Euro ​ Gross domestic product (PPP): $2.317 trillion ​ Legal System: Civil law system with judicial review of legislation in the Constitutional Court. ​ Political system: Italy is a member of the European Union and is a parliamentary republic. The legal voting age is 18, except for senatorial elections, where voters must be age 25 or older. The government is broken up into three branches: the executive branch, the legislative branch, and the judicial branch. Economy Italy has the third largest economy in the eurozone, but it also has a great deal of debt. Background: The north of the country has a highly developed economy with a large number of ​ private companies that produce consumer goods. The south of the country has a less developed economy and a greater focus on agriculture. The country also has a lot of debt. Because of this, investors and European partners have been pressuring the country to address their economic problems. However, since 2014, the economy has been experiencing modest growth. Unemployment moved down to 11.4% but youth unemployment remained at 37.1%. The World Affairs Council of Philadelphia 2020 International Student Summit Restarting the Global Economy: A G7+5 Summit December 2020 Main Industries: A large part of Italy’s economy is made up of the manufacturing of high quality consumer goods that are produced by mostly small and medium sized enterprises, many of which are family owned businesses.
    [Show full text]
  • Download 144.74 KB
    Technical Assistance Report Project Number: 39309 September 2006 Technical Training and Capacity Building for Selected ASEAN+3 Countries on Regional Economic and Financial Monitoring (Financed by People’s Republic of China Regional Cooperation and Poverty Reduction Fund and the Japan Special Fund) ABBREVIATIONS ADB – Asian Development Bank ASEAN – Association of Southeast Asian Nations ASEAN+3 _ Association of Southeast Asian Nations plus People’s Republic of China, Japan, and Republic of Korea EWS – early warning system FMP – Finance Ministers’ Process IMF – International Monetary Fund NSU – national surveillance unit OREI – Office of Regional Economic Integration PRC – People’s Republic of China REFM – regional economic and financial monitoring TA – technical assistance VIEWS – Vulnerability Indicators and Early Warning Systems TECHNICAL ASSISTANCE CLASSIFICATION Targeting Classification – General intervention Sector – Law, economic management, and public policy Subsector – Economic management Themes – Capacity development, sustainable economic growth, regional cooperation Subtheme – Organizational development, promoting macroeconomic stability NOTE In this report, “$” refers to US dollars. Head M. Kawai, Head, Office of Regional Economic Integration (OREI) Director S. Madhur, Director, OREI Team leader G. Capannelli, Senior Economist, OREI Team member J. Duque, Economics Officer, OREI I. INTRODUCTION 1. Following the 1997–1998 Asian financial crisis, finance ministers of the Association of Southeast Asian Nations plus Japan, People’s Republic of China (PRC), and Republic of Korea (ASEAN+3) established economic review and policy dialogue to discuss regularly and exchange views on macroeconomic developments and policy issues in the ASEAN+3 region and individual member countries. They requested the Asian Development Bank (ADB) to provide technical assistance (TA) to strengthen the capacity of national and regional institutions involved.
    [Show full text]