Research Catalog

Title

Marginalisation of LDCs and small vulnerable states in world trade / Bijit Bora, Roman Grynberg, Mohammed A. Razzaque.

Author

Bora, Bijit.

Publication

London : Commonwealth Secretariat, c2004.

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Holdings

Details

Additional Authors

• Grynberg, Roman.
• Razzaque, Mohammed A.
• Commonwealth Secretariat

Description

xii, 114 p. : ill.; 26 cm.

Summary

There are indisputable concerns over the ineffective participation of LeastDeveloped Countries (LDCs) and Small Vulnerable Economies (SVEs) in the process of global integration, and their failure to derive benefits from the ongoing process of trade liberalisation and globalisation. This paper explains the theme of 'marginalisation' of LDCs and SVEs in the international trade arena, and their declining relative importance in world trade. Statistical analysis is used to determine the longterm declining share of LDCs and SVEs in world merchandise exports. The study argues that the process of marginalisation of these countries is mostly the result of the failure of LDCs and SVEs to diversify from their static comparative advantage related to the production of primary products, the significance of which in world trade has declined considerably during the past decades. The analysis emphasises the need for diversification of exports and an expansion of the manufacturing export base in these countries.

Series Statement

Economic paper / Commonwealth Secretariat ; 71

Uniform Title

Economic paper (Commonwealth Secretariat) ; 71.

Subject

• International trade
• Comparative advantage (International trade)
• Free trade > Developing countries
• International division of labor
• States, Small
• Developing countries > Commerce

Bibliography (note)

• Includes bibliographical references (p. 111-114).

Processing Action (note)

• committed to retain

Contents

Executive Summary -- Introduction -- LDCs and Small States in World Trade: Volume, Growth Rate and Share -- The Performance of Individual Countries -- Marginalisation in Merchandise Export Trade: A Statistical Analysis -- Implications for Long-term Trade and Development -- Appendices and References.

ISBN

0850928192

LCCN

^^2006445234

OCLC

60764792

Owning Institutions

Harvard Library