Small Developing Countries and Global Markets

More than half of the world's sovereign states are small economies. The majority are in Sub-Saharan Africa and the Caribbean Basin. For small economies, the globalization process involves opportunities, but also important risks because of their vulnerability and lack of diversification. This book discusses the advantages and pitfalls of different strategies for small developing economies to become more integrated into the world economy. It should help with the formulation of a coherent and effective policy response.

WALTER KENNES is Head of Sector for regional integration at the European Commission's Directorate General for Development. He joined the European Commission in 1984. His previous areas of work include food aid, food security, agricultural development and structural adjustment.