strategy
Compensating developing countries for shortfalls in commodity export earnings
Implementation:
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.Compensation mechanisms for short-falls in commodity export earnings of developing countries would continue to be applied. [Inter alia] this would encourage diversification efforts.
Broader:
Providing compensationReforming domestic trade policyPromoting commercial interests of developing countries Facilitates:
Diversifying economies in developing countriesStrengthening sustainable development through trade cooperation Values:
Shortfall Subjects:
Social Activity → IncomeCommerce → Import, export
Industry → Commodities
Type Classification:
E: Emanations of other strategies Related UN Sustainable Development Goals:
