Since the onset of the global financial and economic crises, UNCTAD has played an important role in identifying the key causes of the crises, assisting developing countries in seeking solutions to the impacts of the crises, and advocating for the reform of global economic and finance policies and governance in order to prevent similar crises from recurring. These are all key roles that no other multilateral economic institution has fulfilled from a development perspective. In fact, UNCTAD is well known for having predicted the crisis in advance, a fact that is to be commended, particularly given its paucity of resources compared to institutions such as the International Monetary Fund (IMF), the World Trade Organization (WTO), and the Organisation for Economic Co-operation and Development (OECD), which failed to do so. This prescience builds on a long history of UNCTAD’s contributions to development-oriented policies such as the Generalized System of Preferences, 0.7 percent GNI aid targets, debt cancellation, international commodity agreements, special and differential treatment at the WTO, and policy space, among many others.