Résumé
Over a period when the world economy has generally been growing and diversifying, the share of least developed countries (LDCs) in world trade has shrunk to the present 0.4%, down from 0.7% in 1985. Despite schemes to improve market access for LDC exports - such as Canada's Market Access Initiative or the European Union's Everything But Arms initiative - most countries remain unable to tap into new opportunities. Why? To boost LDCs' participation in the world economy, market access is necessary, but it's not enough. LDCs depend heavily on primary commodities and low value-added exports, which have seen steady price falls. Severe "supply-side" constraints block business development. Often, LDCs' policies are not supportive of trade, nor is trade integrated in their overall development strategies. Despite the major challenges LDC exporters face, some have succeeded in exploiting new business opportunities through entrepreneurship and perseverance.
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Extrait
Jumpstarting Trade in Ldcs
Over a period when the world economy has generally been growing and diversifying, the share of least developed countries (LDCs) in world trade has shrunk to the present 0.4%, down from 0...
Voir le contenu complet de ce document
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