Market Access for Developing Countries Exports

Integration into the world economy has proven a powerful instrument for countries to promote economic growth, development, and poverty reduction. Trade has been an engine of growth for the past fifty years, owing in part to eight successive rounds...

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Main Authors: International Monetary Fund, World Bank
Format: Working Paper
Language:English
en_US
Published: Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2001/04/20162384/market-access-developing-countries-exports
http://hdl.handle.net/10986/20235
id okr-10986-20235
recordtype oai_dc
spelling okr-10986-202352021-04-23T14:03:54Z Market Access for Developing Countries Exports International Monetary Fund World Bank DEVELOPING COUNTRY TRADE ECONOMIC GROWTH LIVING STANDARDS MULTILATERAL TRADE LIBERALIZATION POVERTY REDUCTION WORLD TRADE Integration into the world economy has proven a powerful instrument for countries to promote economic growth, development, and poverty reduction. Trade has been an engine of growth for the past fifty years, owing in part to eight successive rounds of multilateral trade liberalization, as well as unilateral and regional trade liberalization. The growing integration of the world economy has raised living standards and brought increased opportunity to many parts of the globe. Many developing countries have shared in this prosperity. As a group, developing countries have become much more important in world trade, and their trade relationships have changed markedly from the traditional north-south pattern. Developing countries now account for one-third of world trade, up from about a quarter in the early 1970s, and many have substantially increased their exports of manufactures and services relative to traditional commodity exports. The share of manufactures in developing country exports has risen to 80 percent; moreover, trade between developing countries has grown rapidly, with 40 percent of their exports now going to other developing countries. 2014-09-17T21:22:50Z 2014-09-17T21:22:50Z 2001-04-27 http://documents.worldbank.org/curated/en/2001/04/20162384/market-access-developing-countries-exports http://hdl.handle.net/10986/20235 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ Washington, DC Publications & Research :: Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic DEVELOPING COUNTRY TRADE
ECONOMIC GROWTH
LIVING STANDARDS
MULTILATERAL TRADE LIBERALIZATION
POVERTY REDUCTION
WORLD TRADE
spellingShingle DEVELOPING COUNTRY TRADE
ECONOMIC GROWTH
LIVING STANDARDS
MULTILATERAL TRADE LIBERALIZATION
POVERTY REDUCTION
WORLD TRADE
International Monetary Fund
World Bank
Market Access for Developing Countries Exports
description Integration into the world economy has proven a powerful instrument for countries to promote economic growth, development, and poverty reduction. Trade has been an engine of growth for the past fifty years, owing in part to eight successive rounds of multilateral trade liberalization, as well as unilateral and regional trade liberalization. The growing integration of the world economy has raised living standards and brought increased opportunity to many parts of the globe. Many developing countries have shared in this prosperity. As a group, developing countries have become much more important in world trade, and their trade relationships have changed markedly from the traditional north-south pattern. Developing countries now account for one-third of world trade, up from about a quarter in the early 1970s, and many have substantially increased their exports of manufactures and services relative to traditional commodity exports. The share of manufactures in developing country exports has risen to 80 percent; moreover, trade between developing countries has grown rapidly, with 40 percent of their exports now going to other developing countries.
format Publications & Research :: Working Paper
author International Monetary Fund
World Bank
author_facet International Monetary Fund
World Bank
author_sort International Monetary Fund
title Market Access for Developing Countries Exports
title_short Market Access for Developing Countries Exports
title_full Market Access for Developing Countries Exports
title_fullStr Market Access for Developing Countries Exports
title_full_unstemmed Market Access for Developing Countries Exports
title_sort market access for developing countries exports
publisher Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2001/04/20162384/market-access-developing-countries-exports
http://hdl.handle.net/10986/20235
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