Vision of Dr. Gamani Corea and the South's present development policy options

The 'takes' were numerous for the perceptive sections of the public from the Dr. Gamani Corea 100th birth anniversary oration delivered at 'The Lighthouse' auditorium, Colombo, by Dr. Carlos Maria Correa, Executive Director of the South Centre in Geneva on November 4th.

- BY LYNN OCKERSZ

The fact that Dr. Gamani Corea was instrumental in the establishment of the South Centre decades back enhanced the value of the presentation. The event was organized by the Gamani Corea Foundation.

The presentation proved to be both wide-ranging and lucid. The audience was left in no doubt as to what Dr. Gamani Corea (Dr. GC) bequeathed to the global South by way of developmental policy and thinking besides being enlightened on the historic, institutional foundations he laid for the furtherance of Southern economic and material wellbeing.

For instance, in its essential core Dr. GC's vision for the South was given as follows: sustainable and equitable growth, a preference for trade over aid, basic structural reform of global economy, enhancement of the collective influence of developing countries in international affairs.

Given the political and economic order at the time, that is the sixties of the last century, these principles were of path-breaking importance. For example, the Cold War was at its height and the economic disempowerment of the developing countries was a major issue of debate in the South. The latter had no 'say' in charting their economic future, which task devolved on mainly the West and its prime financial institutions.

Against this backdrop, the vision and principles of Dr. G.C. had the potential of being 'game changers' for the developing world. The leadership provided by him to UNCTAD as its long-serving Secretary General and to the Group of 77, now Plus China, proved crucial in, for instance, mitigating some economic inequities which were borne by the South. The Integrated Program for Commodities, which Dr. G.C. helped in putting into place continues to serve some of the best interests of the developing countries.