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General statement of UNIDO

by Mr. Carlos Magarinos, Director-General, United Nations Industrial Development Organization

Third United Nations Conference on the Least Developed Countries (LDC III), Brussels,           15 May 2001

Mr. Chairman, Excellencies, Distinguished Guests,

It gives me great pleasure to convey on behalf of Mr. Carlos Magarinos, the Director-General of UNIDO, our message at this important meeting. UNIDO pays tribute to the critical role played by UNCTAD in its capacity as the designated focal point for the preparations of the 3`d UN Conference on LDCs. I also take this opportunity to express our thanks and appreciation to the EU for hosting and sponsoring this conference.

Global advances in economic development and the progress achieved by developing countries as a whole have largely bypassed the least developed countries (LDCs). These countries continue to face appalling conditions of poverty and lack the capacity to break out of the vicious circle of low income, low investment and low growth. By and large, LDCs have not been able to gain economic and industrial momentum and trigger a sustainable development process. With a share of world population of around 10.4 per cent the 49 LDCs account for just 0.4 per cent of world manufacturing value added (MVA), only 1.6 per cent of developing country MVA and 2.2 per cent of foreign direct investment (FDI) flows to developing countries.

The economic stagnation in most LDCs, and their marginalized position is linked to the insufficient attention or even neglect paid to the development of productive capacity in industry, and in particular manufacturing. It is industry, more than any other productive sector that drives the process of economic growth and global integration.

Manufacturing industry is at the heart of the modern knowledge-driven economy. With a stagnant manufacturing sector LDCs cannot achieve sustainable development in a globalizing economy. Manufacturing industry is a major conduit for the transmission of technological knowledge to the rest of the economy. Industrial development contributes to alleviating poverty by raising productivity, in creating employment, reducing risk exposure and enhancing the physical income generating assets of the poor. Thus, industrial growth is essential for poverty alleviation. Linking agriculture with manufacturing, is a most powerful engine of progress.

Despite their marginalisation, LDCs are seeking to participate in the globalisation process at a rapid pace by instituting liberal macroeconomic, trade and exchange rate regimes. However, industrial skills have to be developed if LDCs should gain access to the global economy. Industrial training is an imperative in creating comparative advantage of LDCs. The manufacturing sector has a key role to play with respect to enhancing these capabilities and, therefore, in reducing the vulnerabilities and risks to which LDCs are exposed. Development policy must focus on the question towards which key industries should investment efforts be directed in order to ensure a rapid build up of economic and technological capabilities in the LDCs.

Current research being undertaken at UNIDO explains all too clearly, why the LDCs did not succeed in their efforts to break the vicious economic circle:

- The LDCs as a group were marginalized because they failed to industrialise;

- The LDCs remain marginalized because they are losing a technological race affecting productivity;

- Technological change over the past three decades appears to have brought technological regress rather than progress to LDCs;

- The LDCs require more capital and more labour to produce one unit of output than other countries;

- Exogenous causes, like HIV/AIDS and civil wars are taking their toll causing productivity to decline;

- With productivity - and thereby also competitiveness - degrading, any drive for exports is in vain.

UNIDO, since 1998, has developed an `integrated programme approach' in order to achieve maximum impact and synergy in our cooperation activities. In 43 countries, of which 13 are LDCs these programmes address issues concerning industrial policies and strategies focussing on poverty alleviation through industrial development. The programmes have placed emphasis on building capabilities necessary for successful LDC integration with the global economy in order to reverse marginalisation of LDCs. The programmes emphasise a coherent, system-wide industrial strategy; improvement of industrial governance and supporting institutional infrastructure; strengthening of micro, small- and medium-sized enterprises; upgrading technological capacities, skills and access to modern technology; effective integration of LDCs into global production networks, export and trade facilitation; adopting energy efficiency measures and a clear focus on cleaner production facilities.

Therefore, UNIDO welcomes that `Productive Capacity' is reinstated in its crucial role at this conference and in its Programme of Action. We enthusiastically support the strong emphasis placed on the need to build up and strengthen productive capacities and to overcome supply side constraints. We have been actively involved in the preparatory process to achieve this, and will, this week in Brussels further contribute by

- leading, in cooperation with the Government of Austria and Mali, the thematic session on energy, later on this week

 

- presenting a study on the role of industry in LDCs, emphasising the need for building productive capacity in fighting poverty.

 

- organizing together with the ITC the Business Sector Round Table, contributing our experiences through concrete case studies in successful upgrading of productive capacity and trade facilitation, i.e. the key determinants for export success.


- launching a portfolio of special initiatives (deliverables), which reflects a critical focus for development within UNIDO's mandate, drawing on UNIDO's expertise in building productive capacity through sector support, trade facilitation, and an integrated energy/environment approach. Emphasis is on cooperation with other partner agencies within the United Nations, and on multi-stakeholder implementation.

What we are proposing constitutes four categories of deliverables underlining the need for concrete follow-up to the Conference:

- The Promotion of Modern Energy Solutions, As Driver for Development
- Enabling LDCs to Participate in International Trade (Trade Support Services)
- Small and Medium-size Enterprise Networking and Cluster Development
- Strengthening Productive Capacities in Sub-sectors of Priority Interest of LDCs, i.e. Textile, Leather and Food.

 

These initiatives have been specifically developed in cooperation with interested LDCs in the context of LDCIII preparations and are closely related to the Programme

6 of Action. UNIDO will work with partners to make these deliverables a reality for LDCs as soon as possible.

Mr. Chairman,

The time has come for `getting the fundamentals' right - we need to go beyond the issues of public finance and monetary policy, beyond prices and markets to address the fundamental questions: the questions of productive capacity and employment creation, of cleaner production and of saving natural resources; of market access and trade facilitation. The least developed countries deserve special and specific attention by the international community.

The first principle, however, is the joint ownership of visions and goals, i.e. unless competitive production is built up, unless supply-side capacities are created, the LDCs will be unable to benefit from liberalized trade flows and will fail to integrate into the global economy.

Mr. Chairman,

UNIDO considers the Third UN Conference for LDCs of vital importance. It constitutes a collective undertaking by the world community and the UN System as "Joint Partners" to bring into fruition the objectives and goals of the UN-Millennium Declaration. We strongly believe that the Programme of Action has to be the vehicle to implement those recommendations, which will enable the LDCs to participate in the process of globalization -sharing its gains - as equal partners.

 

Thank you.