Developing Countries in the World Trading System

By the mid-1990s, four economies in the region were among the world's ten largest exporters in this product area ... of total exports from developing countries and more than 60 per cent of total world trade in textiles and clothing.

Author: Ramesh Adhikari

Publisher: Edward Elgar Publishing

ISBN: 9781781009581

Category: Business & Economics

Page: 214

View: 974

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Experience suggests that trade liberalization has contributed substantially to the remarkable growth of industrialized countries. However, for various reasons many developing countries have not yet been able to integrate successfully into global markets and reap the growth-inducing and poverty-reducing benefits of trade. This book argues that while developing countries are heavily represented in the WTO - accounting for about four-fifths of its membership - there is still plenty of scope for the world trading system to work more effectively in their interests.

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