World Video | Defence | Foreign Affairs | Natural Events | Trade | NZ in World News | NZ National News Video | NZ Regional News | Search

 

Unchecked Globalization Driving Int. Migration

Unchecked Globalization Driving International Migration – UN Official

Although globalization carries with it enormous benefits for least developed nations, growing disparities in the standard of living and level of human security are driving workers from the world’s poorest countries across borders in search of better opportunities, the United Nations representative for least developed countries has said.

“Globalization has opened unprecedented opportunities for the free flow of capital, goods, services, information, skills and technology and offered new perspectives for integration of developing countries, especially the least developed countries (LDCs), in the world economy,” Anwarul Chowdhury, the High Representative for LDCs, Land-Locked Developing Countries and Small Island Developing States, told the General Assembly’s Economic and Financial Committee on Thursday.

African countries – which make up the majority of all LDCs – lose 20,000 skilled workers to the developed world every year, he said.

And although ‘brain drain’ is having a negative impact on LDC growth, migrant workers bring back knowledge and technology which can boost productivity in countries of origin, Mr. Chowdhury added.

Migrant workers are also a big source of foreign remittances, which are “the largest, as well as a very predictable and stable source of financing for many poor countries,” are second only to foreign direct investment, and by far exceed official development assistance, Mr. Chowdhury said.

Reducing remittance transfer costs and enhancing the use of remittances for development purposes would be discussed in detail at the forthcoming Ministerial Conference for LDCs in Benin in early 2006, he said.

At the same time, he emphasized the need for development partners to support the integration of LDCs into the global economy as outlined in the Brussels Programme of Action adopted in 2001. That plan calls for LDCs to participate in international economic decision-making processes, multilateral policy-making, and regulatory issues affecting development.

© Scoop Media

 
 
 
World Headlines

 


Myanmar: UN Condemns Escalating Violence In Deadliest Day Of Protests So Far

In response to the killing of at least 18 protesters demonstrating against Myanmar’s military coup, the UN human rights office (OHCHR) on Sunday together with the UN chief, strongly condemned the “escalating violence” and called for an immediate end to the use of force... More>>

Syria: Economic Decline, Rising Hunger And Surging Humanitarian Needs

Syria’s fragile economy has “suffered multiple shocks” over the past 18 months, with its currency plummeting and joblessness swelling as people struggle to cover their basic needs, the UN Emergency Relief Coordinator told the Security Council ... More>>

OECD: Final Quarter Of 2020 Shows Continued Recovery In G20 International Merchandise Trade

G20 international merchandise trade continued to rebound in the fourth quarter of 2020 ( exports up 7.2% and imports up 6.8%), following the sharp falls seen in the first half of 2020, as lockdown measures affected trade globally. Although growth ... More>>


Focus On: UN SDGs


UNFCCC: Greater Climate Ambition Urged As Initial NDC Synthesis Report Is Published

UN Climate Change today published the Initial NDC Synthesis Report, showing nations must redouble efforts and submit stronger, more ambitious national climate action plans in 2021 if they’re to achieve the Paris Agreement goal of limiting global temperature rise by 2°C—ideally 1.5°C—by the end of the century... More>>


2021: Critical Year To ‘reset Our Relationship With Nature’ – UN Chief

During this time of “crisis and fragility”, the UN chief told the United Nations Environment Assembly on Monday that human well-being and prosperity can be vastly improved by prioritizing nature-based solutions. Painting a picture of the turmoil ... More>>


Paris Agreement: UN Secretary-General António Guterres To Mark U.S. Reentry With Envoy For Climate John Kerry

Watch live at webtv.un.org UN Secretary-General António Guterres will join U.S. Special Presidential Envoy for Climate John F. Kerry at an event marking the United States’ reentry into the Paris Agreement this Friday. The discussion with the Secretary-General ... More>>