Working paper

Making Globalization Work for Sustainable Human Development The Global Programme Paradigm : A Synthesis Approach Between the Visions of Davos and Porto Alegre

This preliminary study contributes to describing the innovative nature of the conceptual framework of the UNCTAD-UNDP Global Programme on Globalization, Liberalization and Sustainable Human Development (GP). It explains clearly its dimension as a means of convergence between the visions of Davos and Porto Alegre. It also aims at providing an initial approach to the three strategic vectors of economy of knowledge, water and energy under a perspective based on the theory of externalities and public goods. It ends up by suggesting that the concept of global public goods could be considered a core development tool for the sustainable human development approach represented by the GP. This preliminary study shows the decisive endeavour the GP has to identify, conceptualize and implement a synthesis approach to globalization between the visions of Davos and Porto Alegre, shaping it in such a way to make it work for sustainable human development. This preliminary information also shows the crucial importance that, seen as public goods, the three strategic development vectors of economy of knowledge, water and energy have for social welfare and cohesion, and their role within the complex international scenario where many different stakeholders take part in. This study does not constitute a definite one. Many issues mentioned here need to be additionally examined. Moreover, advanced analysis and evaluation are required in order to establish a complete framework regarding the possibility to study the three development vectors under a global public goods lens. This topic deserves further attention and many opportunities for additional research are seen. Further studies will aim at filling some of the existing gaps and contributing to making the GP’s synthesis approach an important focus of research and policy dialogue.

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