The aim of this meeting is to spend half a day reviewing and gaining perspectives on a series of papers developed by ICTSD which is focused on the role of sustainability standards in driving inclusive economic transformation. Ultimately, the substantive inputs, policy recommendations and expertise that will emerged from the discussions will contribute to, consolidate the analyses currently underway in order to, on the one hand, advance international technical discussions on how developing countries, in particular least-developed and low-income countries, can achieve sustainable and inclusive economic transformation by harnessing the potential arising from evolving production structures and, on the other hand, foster the dialogue on private sustainability standards in the context global value chains.

In order to strengthen the analysis of the development impact of value chains, ICTSD has developed, with the support of the German Development Cooperation, a compendium of three papers analyzing how regulation and standards can support social and environmental dynamics in value chains – noting that private sustainability standards can carry a great potential to contribute to all dimensions of sustainable development and thus to the implementation of Sustainable Development Goals. Further insights will be presented upfront and related to the key dynamics driving GVCs with an overview of the various processes involved in enhancing the sustainable development outcomes of value chain participation. 

This event is by invitation only.

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Place: 
Divonnes-les-Bains, France
Event type: 
Our events
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Language: 
English
Date period: 
Wednesday, 14 June 2017 - 11:57am

Services have emerged as the key driver of economic growth in southern Africa and account for more than half of GDP. Increases in the contribution of services to GDP have been stimulated by both demand and supply-side factors. On the demand side, broader economic growth, coupled with export revenues and a growing population, has contributed to the increasing importance of services in the economies of many countries in the region. On the supply side, countries have implemented measures to improve access to basic services, are attempting to improve the competitive environment of their services sectors, and, through their regional integration efforts, have improved transport and logistics services in the region. However, further supply-side efforts are required to ensure that economies in the region can take advantage of the opportunities offered by services and services trade.

Services can contribute to the achievement of sustainable development objectives, as articulated in the Sustainable Development Goals (SDGs), in a number of ways including, but not limited to, driving economic growth, increasing the competitiveness of SMEs, improving female participation in services sectors, and expanding access to vital basic and network services.

Services regulations can support the attainment of the SDGs in a two-track manner.  Appropriate regulations which encourage efficiency and productivity can boost competitiveness and economic growth which, in turn, support the attainment of the more general SDGs such as SDG 1 (reducing poverty) and SDG 8 (decent work and economic growth). Secondly, tackling market failures in specific sectors and encouraging universal access targets for particular services can contribute to sustainable development objectives such as SDG 4 (quality and universal education) and SDG 7 (affordable energy).

 

Digital trade is the fastest growing and most dynamic sector in the global economy and has the potential to not only promote economic efficiencies and productivity gains, but also to support the achievement of sustainable development objectives in developing economies. This digital economic transformation, buttressed by the globalization of the internet, is significant for two primary reasons: cross border flows of digital goods are becoming increasingly important sources of exports in their own right and because digital products can and will be further utilized to support flows of physical goods. However, the regional and domestic regulatory environment in many regions and countries has been unable to match the sector’s pace of innovation, an area of vital importance given the regulatory-intensive nature of the sector, and remains underdeveloped.

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Place: 
Stellenbosch, South Africa
Event type: 
Our events
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Region: 
Africa
Main Tag: 
Services
programme: 
programme 1
Language: 
English
Date period: 
Wednesday, 22 March 2017 - 5:29am to Thursday, 23 March 2017 - 5:29am