Meeting the Competitiveness Challenge

International Trade ForumNum. 2/2004, Avril 2004

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Résumé


The global trading system is redefining business. Being competitive in today's interconnected economy means working within the rules of the trading system, as well as responding to more demanding markets. To meet the challenge, small firms in developing countries need efficient, innovative business practices and a proactive trade support infrastructure. On balance, trade liberalization has improved the economic situation for most countries, despite some setbacks. Completing the current round of WTO negotiations would provide further gains, especially to developing countries, but many don't see a significant interest in the talks. Arguably, the limited number of globally competitive goods and services they can offer means global access talks are largely irrelevant. But this view is shortsighted, as more business people in developing countries, and those who support them, are recognizing.

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Meeting the Competitiveness Challenge

On balance, trade liberalization has improved the economic situation for most countries, despite some setbacks. Completing the current round of WTO negotiations would provide further gains, especially to developing countries, but many don't see a significant interest in the talks. Arguably, the limited number of globa...

Voir le contenu complet de ce document

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