40 Years of Building Capacity to Trade... And More to Come

International Trade ForumNum. 4/2004, Octobre 2004

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Résumé


When the International Trade Center (ITC) was created in 1964, developing countries were emerging slowly from an era of import substitution and trade was largely in the hands of the industrialized world. Developing and socialist countries had only 21% of the share of world trade, which totaled US$175 billion. Forty years later, trade has increased more than 40-fold, to reach the staggering amount of US$7.3 trillion. Over the past ten years, ITC has streamlined its operations. It has invented new tools, methodologies, approaches and programs. ITC has been working for a number of years with the concept of export-led poverty reduction, linking poor communities with export chains of products and services they can supply. Globalization is here to stay. Competition for international trade will continue to grow. Trade must be made to work for all. The time frame for poor people to benefit from international trade is limited.

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Extrait


40 Years of Building Capacity to Trade... And More to Come

When the International Trade Centre (ITC) was created in 1964, developing countries were emerging slowly from an era of import substitution and trade was largely in the hands of the industrialized world. Developing and socialist countries (171 of them) had only 21% of the share of world trade, which totalled US$ 175 billion.

Forty years later, trade has increased more than 40-fold, to reach the staggering amount of US$ 7.3 trillion. Trade touches every corner of the globe. Developing and transition economies now account for 31% of world trade, 50% more than their share in 1964.

TACKLING THE TIME BOMB IN INTERNATIONAL TRADE

This is an indication of remarkabl...

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