The representative of the Economic Commission for Latin America (CEPAL) and member of the United Nations regional commission, Daniel Titelman, explained during a session of the World Youth Festival that the greatest challenges for developing countries are poverty, economic inequalities and the improvement of life quality. In this respect, Titelman said, “Globalization can be an obstacle for these processes.”
Titelman highlighted the positive effects of a global world, namely “the globalization of cultural, economic and human rights.” Despite this, Titelman believes that the problem lies in the fact that “in a global world not all countries depart from the same start line or with the same conditions.” Titelman demanded that rich countries “take into account and consider the needs of underdeveloped countries” in their agendas.
Titelman explained that the current process of globalization is defined by financial transactions, trade and goods that are highly mobile while he criticized that “there is no mobility at work between countries.” In this respect, Titelman added, that global institutions “have shown a lack of interest in development and therefore regulatory frameworks are needed for these institutions.”
The member of the United Nations regional commission believes that one of the greatest challenges of today are economic growth and an increased capital volatility in the world that causes “great uncertainty among people.” In order to address this, Titelman proposed a control of financial capital volatility by means of regulations.
Titelman believes “we need more resources because we don’t want charity; we want to develop by ourselves.”
“We should not speak of the global and the globalizers. Rather we should achieve mutual benefits,” said Titelman. According to the member of the United Nations, “We need to better govern the globalization process by paying attention to symmetric relations between countries, and also by strengthening the cultural, social and economic rights for all.”
The biologist and advisor of the Unesco environmental programs, Ramon Folch, stated, “Youth is a passing period of life and we tend to forget that we were young once and we grow older.” Folch spoke about the planet’s environmental situation and explained, “global warming exists because our politicians avoid addressing the issue and say that there are other priorities.” Folch explained that “inequality, poverty and indifference are on the rise and sustainability aims at combating this situation. Globalization must be sustainable and international while being based on efficiency and equity.”
Folch reminded, “The world has been running on oil for only 150 years and many youths here will live in a world in which oil will have depleted. This is not only a problem of the rich. It is everyone’s problem,” concluded Folch.