Marginalisation of Ldcs and Small Vulnerable States in World Trade

Bijit Bora, Roman Grynberg, Mohammad A. Razzaque

ISBN 10: 0850928192 / ISBN 13: 9780850928198

Published by COMMONWEALTH SECRETARIAT, 2004

About this Item

Zustand: Sehr gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar.

Seller Inventory # 10608940/122

Bibliographic Details

• Title: Marginalisation of Ldcs and Small Vulnerable States in World Trade
• Publisher: COMMONWEALTH SECRETARIAT
• Publication Date: 2004
• Language: English
• ISBN 10: 0850928192
• ISBN 13: 9780850928198
• Binding: Soft cover
• Condition: Sehr gut
• Seller catalogs:
  • Bücher

About this title

Synopsis

There are indisputable concerns over the ineffective participation of Least-Developed Countries (LDCs) and Small Vulnerable Economies (SVEs) in the process of global integration, and their failure to derive benefits from the ongoing process of trade liberalization and globalization.

This paper explains the theme of “marginalization” of LDCs and SVEs in the international trade arena, and their declining relative importance in world trade. Statistical analysis is used to determine the long-term declining share of LDCs and SVEs in world merchandise exports. The study argues that the process of marginalization of these countries is mostly the result of the failure of LDCs and SVEs to diversify from their static comparative advantage related to the production of primary products, the significance of which in world trade has declined considerably during the past decades. The analysis emphasises the need for diversification of exports and an expansion of the manufacturing export base in these countries.

About the Authors

Roman Grynberg is the Deputy Director of the Economic Affairs Division, Commonwealth Secretariat, London.

Mohammad A. Razzaque is Senior Lecturer in Economics at the University of Dhaka, Bangladesh. He has written extensively on trade policy issues.

Bijit Bora is counsellor in the Research Department of the World Trade Organization and was previously in the Research Department of the UN Conference on Trade and Development (UNICTAD).