Trade Performance of Small States: Economic Paper 59 (Economic Paper Series)

ISBN 10: 0850927730 / ISBN 13: 9780850927733

Published by Commonwealth Secretariat, 2004

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Bibliographic Details

• Title: Trade Performance of Small States: Economic Paper 59 (Economic Paper Series)
• Publisher: Commonwealth Secretariat
• Publication Date: 2004
• Language: English
• ISBN 10: 0850927730
• ISBN 13: 9780850927733
• Binding: Soft cover
• Condition: New

About this title

Synopsis

This paper analyzes the trends in the relative significance of small states in world trade, and looks at the reasons for their marginalization. It advocates that dependence on primary products and increasing globalization explain much of the trend in the declining significance of small states, but that there are four other key factors: the structure of the export trade; the unfavourable geographical positions of many small states; their lack of financial resources; the global trade regime under the WTO.

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.