Delegate: Jixiang Gu
School: Beijing No.12 Middle school
Country: The Kingdom of Spain
Committee: United Nations Development Programme
Topic B: Diversification of the commodity-based economy
The world economy situation nowadays, as it is acknowledged universally, is in a dilemma of rapid expanding globalization and unpredictable economic fluctuation. The countries throughout the world, therefore, are on the way of pursuing stable yet increasing economy, which can be best described as an efficient, diversified and solvent financial system. However, the fact is, developed countries with perfect function of manufacturing and service industries are nearly invulnerable in any economic fluctuations; in other words, the diversification of commodity-based economy provides the developed countries with a treatment, or at least a shelter, when the commodity-based market is stirred by the fluctuation in the prices of commodities.
Fortunately, several decades ago, Madrid, following with many of Spain’s cities, has seen the perfect turnaround from a traditional city of agricultural monotony, in which less technological information related to the agricultural aspect was brought, to a flourishing metropolis with multifarious industries. And thanks to the perfect financial system, the most efficient in Europe and renowned for its diversification both for financing sources and activity, Spanish generally enjoy stable earnings due to the Diversity of earning sources.
Above all, Spain, as a developed country with a high diversified economy, is willing to give a hand to the developing countries, which are presently suffering from paucity of available, comprehensive, accurate information and knowledge, as well as from the capacity to utilize the related materials in decision making during the process of economic diversification.
However, large amount of barriers and challenges will block our ways and probably lead to unexpected consequences, whether they are beneficial or detrimental. Spain realized that it’s the reason why all of us are gathered here. We are here to transform all the uncertain factors into the beneficial advantages under control of us human beings.
Generally speaking, according to the reality, different countries are supposed to implement the different policies of making progress in the diversification of the commodity-based economy. Therefore, the solution will be more available.
Developed countries are expected to provide more assistance:
1、Provide more technical assistances. Especially for some developing countries which have favorable bases of innovation, developed countries should provide more available information and encourage the industrial innovation by their own.
2、 Patronize the interrelated technicians from developing countries to attend in a advanced studies in the developing countries. And meanwhile the developed countries are expected to dispatch experts to the deep developing countries.
3、 Properly alleviate the restraint on import and reduce the tariff, especially when the products have reached the high quality and sanitary requirements .Properly open up the domestic markets and ensure the well mobility of products from developing countries.
4、 Provide an available guidance for developing countries to built a more effective, diversified, and invulnerable economic framework.
And for the developing countries should learn more high-tech information yet depend largely on themselves to innovate.
1、 Enhance the civil consciousness of economic innovation by advertising in public, as well as education the next generation in the school. For the sake of the fulfillment of economic diversification, it is very crucial to erratically break down the long-time conception, in which the civilian rely largely on the export of raw materials like wood, grains, timber and etc.
2、 Develop multifarious sources of financial aids. This means the developing countries will not only accept the financial aids from developed countries, but also raise funds from enterprises, network and etc.
3、 Built an institution for commodity future exchanges. This kind of institution, or like a market, can be real markets in some specific places or the imaginative markets in the network. The institution will help to cut the extra expenses in transportation.
Spain firmly believe that we could work together to improve our existing policies, talk further about the solutions of ending poverty, by the way of the diversification of the commodity-based economy, benefiting all the human beings!