UNCTAD creator text New York and Geneva, 2017 United Nations Conference on Trade and Development 2017 monographic 200p. The Trade and Development Report 2017 critiques hyper-globalization and recommends different economic approaches and mechanisms designed to move beyond austerity, better manage the global economy and ensure that it is managed for the benefit of all and to ensure that the global community can meet the Sustainable Development Goals. It argues that now is the ideal time to crowd in private investment with the help of a concerted fiscal push – a global new deal – to get the growth engines revving again, and at the same time help rebalance economies and societies that, after three decades of hyperglobalization, are seriously out of kilter. However, in today’s world of mobile finance and liberalized economic policies, no country can do this on its own without risking capital flight, a currency collapse and the threat of a deflationary spiral. What is needed, therefore, is a globally coordinated strategy of expansion led by increased public expenditures, with all countries being offered the opportunity of benefiting from a simultaneous boost to their domestic and external markets. The report calls for more exacting and encompassing policy measures to address global and national asymmetries in resource mobilization, technological know-how, market power and political influence caused by hyperglobalization that have generated exclusionary outcomes, and will perpetuate them if no action is taken. Trade,Capital Flight, Development , Austerity eISBN 978-92-1-362245-2 iffoadatabase.trustafrica.org/iff/trade-and-development-report-2017-unctad.pdf iffoadatabase.trustafrica.org/iff/trade-and-development-report-2017-unctad.pdf