Trends In Developing Country Trade 1980-2010
This paper reviews trends and patterns in developing countries' trade from 1980 to 2010. During the 30-year span, world trade expanded rapidly, especially in developing countries in the last decade. A similar picture emerges in trade in servic...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17196495/trends-developing-country-trade-1980-2010 http://hdl.handle.net/10986/12158 |
| Summary: | This paper reviews trends and patterns
in developing countries' trade from 1980 to 2010.
During the 30-year span, world trade expanded rapidly,
especially in developing countries in the last decade. A
similar picture emerges in trade in services. These overall
trends, however, mask different trade patterns during some
of the time periods and among different developing countries
and groups. For example, except for Asia, the 1980s were
pretty much a "lost" decade for many developing
countries and groups. But that changed in the 1990s and
2000s, with trade by all major developing countries growing
faster than developed countries. From 1980 to 2000, trade by
Least Developed Countries grew much more slowly than that of
developing countries as a whole. But those countries saw the
fastest growth in trade in the following decade. This strong
overall trade performance -- with some exceptions (for
example Sub-Sahara Africa in the manufacturing trade) --
raises questions about sustainability, trade policy and the
architecture of the trading system. |
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