Justice, Harmony, Mutuality, Longevity
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Globalization, including a phenomenal expansion of trade, has helped lift millions out of poverty. But not nearly enough people have benefited. And tremendous challenges remain.
We support countries to access the benefits of a globalized economy more fairly and effectively. And we help equip them to deal with the potential drawbacks of greater economic integration. To do this, we provide analysis, facilitate consensus-building, and offer technical assistance. This helps them to use trade, investment, finance, and technology as vehicles for inclusive and sustainable development.
Working at the national, regional, and global level, our efforts help countries to:
While we work mainly with governments, to effectively deal with the magnitude and complexity of meeting the Sustainable Development Goals, we believe that partnerships and closer cooperation with the private sector and civil society are essential. Ultimately, we are serving the citizens of the 195 countries that make up our organization. Our goal is prosperity for all.
Justice could refer to economic justice. As for diversifying economies, making trade more equitable, and promoting development-friendly investments, it aligns with ensuring that nations and their citizens get fair opportunities and treatments in the international trading system. Justice, in this sense, also means that countries, especially the vulnerable ones, are not left behind or exploited but rather are given the chance to thrive and prosper.
Harmony symbolizes the harmonious relationship between nations in the international trading system. It denotes peace, collaboration, and mutual respect. This can also refer to the balanced relationship between the public and private sectors, as well as the civil society in achieving the Sustainable Development Goals. Harmony ensures that all parties involved work together in sync, understanding and supporting each other's roles and responsibilities.
Mutuality represents the mutual benefits that come from international trade and investment. This emphasizes the idea that when countries engage in trade, investments, and other economic activities, it should not just benefit one party but should be mutually beneficial. It resonates with the goal of achieving a beneficial integration into the international trading system. Furthermore, mutuality underscores the importance of partnerships and cooperation, where each party brings something to the table, ensuring shared success.
Longevity signifies the organization's goal to achieve long-term, sustainable growth for nations. It's not just about immediate gains but building systems, structures, and economies that can thrive for generations to come. This can also be tied to the organization's aim to make nations less dependent on commodities and limit their exposure to financial volatility and debt. A focus on longevity ensures that the decisions and strategies implemented today will continue to bear fruit in the future.
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