Assuring Development Gains From Trade
International Trade Forum › Num. 2/2004, Avril 2004
Relié comme:
International Trade Forum › Num. 2/2004, Avril 2004
Relié comme:Résumé
World trade has risen rapidly over the past two decades. It grew by 4.7% in 2003 and is estimated to reach 7% this year, according to UNCTAD. That growth has extended to many developing countries. Most developing nations, however, can boast only a small part of those gains. In particular, the share of the least developed countries (LDCs) in international trade has declined steadily, from 1.7% in 1970 to 0.6% in 2002. The movement of natural persons - along with "special and differential treatment" of developing countries in trade deals, market access and commodities, among others - is one of the areas on which the success of the Doha Round of trade talks hinges. If Doha succeeds in bringing development onto the world trade agenda, it will contribute to the Millennium Development Goal of achieving "an open, equitable, rule-based, predictable and non-discriminatory multilateral trade and financial system".
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Assuring Development Gains From Trade
Most developing nations, however, can boast only a small part of those gains. In particular, the share of the least developed countries (LDCs) in international trad...
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