ECOFIN Topics

Reshaping trade relations between developing and developed countries for fostering sustainable economic growth

 Trade is a main driver of economic growth and development. However, the total volume of world trade is shared very unevenly among developing and developed countries: The G7 alone are responsible for one third of the global trade volume while all African countries together do not even account for 5%. This topic will therefore focus on how trade between developed and developing countries as well as between developing countries could be fostered and on how the resulting economic advantages could be leveraged for sustainable economic growth

Creating measures to tackle gender-based income inequality

 Women continue to be underrepresented in higher positions on the career ladder and also  earn less in the same position than men, resulting in gender-based income inequality. This inequality is especially prevalent in developing economies. For all these reasons, the UN recognized gender equality, including its economic aspect, as one of the SDGs. This topic will require delegates to find ways to improve existing measures on all levels of governance, and to come up with the new avenues for tackling gender-based income inequality from an economic perspective.