The advance of economic globalization should improve the life of people in developing countries and bring about sustainable development, according to Carlos A. Magarinos, director general of the United Nations Industrial Development Organization.
In his keynote speech at a recent UNIDO Forum in Tokyo, supported by The Japan Times, Magarinos called for the realization of a competitive economy that generates jobs and preserves the environment, with the private sector playing a greater role.
His view was shared by many other participants at the forum, held last week to commemorate the 20th anniversary of the establishment of the UNIDO Investment and Technology Promotion Office, Tokyo, which assists private firms investing in developing countries.