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Working for a better life.


Working for a better life

Most UN funds and human resources are spent not in negotiating highly publicized and often controversial diplomatic issues, but on quietly helping two thirds of the world's people pull themselves out of poverty, hunger, ignorance and disease. Much effort also goes toward trying to make the global economy function in a smoother, more equitable way.

The Organization is currently discussing a third world plan of action geared to spur development through the year 2000. The International Development Strategy for the Fourth UN Development Decade is expected to be adopted by the General Assembly later this year.

The following are some of the major players within the extended UN family specifically focusing on economic issues:

* United Nations Development Programme (UNDP): The world's largest channel for multilateral technical and pre-investment co-operation, with 112 field offices in over 150 developing countries and territories. In 1989, there were some 5,900 UNDP-supported projects in operation, valued at $7.5 billion.

* United Nations Conference on Trade and Development United Nations Conference on Trade and Development (UNCTAD)

Organ of the United Nations General Assembly, created in 1964 to promote international trade. Its highest policy-making body, the Conference, meets every four years; when the Conference is not in session, the
 (UNCTAD): A negotiating forum aimed at promoting international trade, particularly that a developing countries--also involved in research, conceptual innovation and policy analysis.

* General Agreement on Tariffs and Trade General Agreement on Tariffs and Trade (GATT), former specialized agency of the United Nations. It was established in 1948 as an interim measure pending the creation of the International Trade Organization.  (GATT See General Agreement on Tariffs and Trade.

GATT

See General Agreement on Tariffs and Trade (GATT).
): Sets rules for the conduct of world trade. Its aims are to liberalize international trade, reduce trade barriers and resolve trade disputes. International Trade Center UNCTAD/GATT (ITC): Aids developing countries in export promotion.

* World Bank: A group of three institutions--International Bank for Reconstruction and Development (IBRD IBRD

See: International Bank for Reconstruction and Development
), International Development Association (IDA Ida (ē`dä), city (1990 pop. 91,859), Nagano prefecture, central Honshu, Japan, on the Tenryu River. It is an agricultural market and railway junction. ) and International Finance Corporation (IFC (Internet Foundation Classes) A class library from Netscape that provides an application framework and graphical user interface (GUI) routines for Java programmers. IFC was later made part of the Java Foundation Classes (JFC). See JFC, AFC and AWT. See also ICF. )--dedicated to help raise standards of living in developing countries by channelling financial resources to those countries from developed countries.

* International Monetary Fund (IMF IMF

See: International Monetary Fund


IMF

See International Monetary Fund (IMF).
): Forum for consultation and collaboration on international monetary issue. Administers a code of conduct regarding exchange rate policies and makes finacial resources available to members with payment problems.

* United Nations Industrial Development Organization United Nations Industrial Development Organization (UNIDO), specialized agency of the United Nations. Headquartered in Vienna, it was organized in 1966 and made a specialized UN agency in 1985. UNIDO's mission is to promote industrial progress in developing nations.  (UNIDO): Helps developing countries promote and accelerate their industrialization. A forum for consultations and negotiations, it also encourages investment promotion activities and transfer of technology to and between developing countries.

* Food and Agriculture Organization of the United Nations Noun 1. Food and Agriculture Organization of the United Nations - the United Nations agency concerned with the international organization of food and agriculture
FAO, Food and Agriculture Organization
 (FAO): Lead agency for rural development in the UN system. Its aims are to eliminate world hunger and improve nutrition. With the UN, it sponsors the World Food Programme (WFP), which uses food commodities, cash and services contributed by UN Member States to back social and economic development programmes, as well as for emergency relief.

* International Fund for Agricultural Development International Fund for Agricultural Development(IFAD), specialized agency of the United Nations with headquarters in Rome, Italy. IFAD grew out of the 1974 World Food Conference; it was established in 1977 and is comprised of 161 member nations.  (IFAD): Makes low-interest loans to the poorest rural communities. By mid-1989, had invested $2.65 billion in 247 projects in 91 developing countries. When completed, projects should benefit some 180 million people.

* Department of Technical Co-operation for Development (DTCD): An arm of the UN Secretariat, it provides technical expertise, training and direct advice to Governments in the formulation, implementation and evaluation of country and inter-regional development projects.

* Department of International Economic and Social Affairs (DIESA): Carries out interdisciplinary research and analyses of global economic and social trends. Publishes World Economic Survey each year and, periodically, Global Outlook 2000 and World Social Situation Report.
COPYRIGHT 1990 United Nations Publications
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1990, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Special Section - Future of the Global Economy: Challenges of the 90s; United Nations agencies focusing on economic issues
Publication:UN Chronicle
Date:Sep 1, 1990
Words:511
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